India joins the race for carbon credit investment
India has long trailed China in drawing foreign investment for cleantech projects. With prices in the energy and emissions markets surpassing historical highs, the venture capital community and Indian government are finally directing investment into Clean Development Mechanism (CDM) projects.
While India is currently the second largest host country of CDM projects with an average allocation of 31 million credits annually, investment in large scale reduction projects has been lacking since the establishment of the CDM… Continue Reading