This article focuses on implementation of market based approaches for greenhouse gas (GHG) abatement in India. It is difficult to speculate on the nature and magnitude of GHG mitigation commitment that India might undertake in future. Three capacity issues are of critical importance for GHG abatement, namely, monitoring of emissions, ensuring compliance and policy analysis capability for market based instruments (MBIs). This article describes domestic capacity to design and implement MBIs such as emissions trading for GHG abatement in India.
Published
2004
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