The lack of access to clean and efficient energy is a poverty trap that particularly affects women and children in developing countries. Indoor smoke and fumes from the inefficient burning of biomass dramatically increases the death rate for pneumonia heart disease lung cancer and chronic respiratory ailments. In India household and community-based energy efficiency and renewable energy projects have great potential to reduce indoor air pollution and greenhouse gas emissions lower energy expenditures decrease health impacts and create jobs. Despite this the CDM has not yet tapped the potential of this kind of project due to financial procedural and social barriers.
To assist potential project developers and decision makers in the use of the Clean Development Mechanism (CDM) voluntary carbon markets and other project finance mechanisms to support small-scale sustainable energy projects to deploy efficient cookstoves and other clean technologies at the household and rural community level in India.
University of Colorado School of Law