Because the CDM is project based, many po-
tential LUCF projects could be subject to ``leak-
age'', or loss of their bene®ts for global climate
by eects beyond a given project's geographical,
temporal or subject area boundaries. For
example, if a forest reserve is set up to protect
carbon, people who would otherwise have been
clearing in that area may simply move to some
other part of the forest to continue clearing.