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Deodhar, Vinay; Michaelowa, Axel; Krey, Matthias. |
The Clean Development Mechanism (CDM) under the Kyoto Protocol to the UN Framework Convention on Climate Change (UNFCCC) enables industrialized countries to meet a part of their emission reduction requirements through purchase of emission reduction credits from projects in developing countries. Various studies have concluded that India is likely to be one of the major countries supplying such projects. However, in order that a large number of high-quality CDM projects is developed and result in Certified Emission Reductions as specified by the international CDM Executive Board, the institutional set up in the Indian finance sector has to be suitably geared up. So far, banks and financial institutions have not developed procedures for efficient financing of... |
Tipo: Working or Discussion Paper |
Palavras-chave: International Climate Policy; CDM; Financial Institutions; India; Environmental Economics and Policy; Q25; O13. |
Ano: 2003 |
URL: http://purl.umn.edu/26139 |
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