Many project managers have been burnt more than once investing huge amounts of time and money trying to align projects - only to be rejected. The rejection rate of these projects is over 86%. Independent consultants in India have pointed out the inappropriateness of using CDM for projects which make economic sense - and for which intervention should be targeted upfront, not at the end of the project. Having been disappointed at least once by the length and the uncertainties of the process, these stakeholders tend to shy away from the entire process. The analysis shows that Annex I countries wish to tap EE improvement potentials in emerging economies - as IEA and IPCC analysis underline they should.