India woos foreign investment with CDM project reforms

Government to push through more CDM projects

The Indian government is proposing a set of reforms to Kyoto Protocol standards for Clean Development Mechanism (CDM) projects. This involves scrapping further charges to developers in a bid to push through more CDMs and keep investment flows alive, the Indian government climate change representative and government adviser, Prodipto Ghosh, said.

Ghosh, who is also a distinguished fellow at the Energy and Resources Institute, unveiled a list of proposals that include the “elimination of financial

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