India woos foreign investment with CDM reforms


Ghosh, who is also a distinguished fellow at the Energy and Resources Institute, unveiled a list of proposals that includes the "elimination of financial additionality". He believes this is necessary as the United Nations Framework Convention on Climate Change (UNFCCC) CDM executive board "cannot second-guess the risk reward profile of investors", he said.

The CDM is a carbon market mechanism devised under the Kyoto Protocol, whereby developed countries are encouraged to invest in carbon

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: