Indian CDM: does it have a future?

India’s position as one of the leading generators of Certified Emission Reductions (CERs) is currently on shaky ground, as market experts predict a sharp reduction in investor inflows to Clean Development Mechanism (CDM) projects in India in coming years.

As well as suffering from the lack of clarity that is affecting the carbon market worldwide, India has some specific issues threatening its CDM market. In particular, Indian CDM may soon have competition from a domestic trading scheme, which

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