This paper discusses the status and progress of Clean development mechanism (CDM) in India.

Its main finding is that that CDM has significantly reduced the carbon footprint of the Indian energy sector.

CDM was included in the Kyoto protocol to support sustainable development in developing countries through technology transfer from developed countries along with the mitigation of greenhouse gas emissions. More than 1000 projects which were registered under CDM from India in the United Nations Framework Convention on Climate Change have been reviewed. The paper argues that through a CDM project, India as a developing country has enhanced the development of renewable energy projects with financial support through the sale of carbon credit.

[Adapted from source]