its aim is to shift generation of energy from conventional fuels such as oil and coal to renewable fuels a proportion of the revenues under the initiative is earmarked for sustainable energy projects in developing countries it is currently implementing the project on climateneutral energy supply for rural areas in india and a cdm project for local electrificationreplacement of fuel generators in villages and small towns in burkina faso development and deployment of renewables constitute the lion s share of registered cdm projects per cent as at july it includes a sizeable number of registered and validated projects involving fuel switching and the deployment of rets some of which concern rural communities