Indian CDM: does it have a future?

The CDM market in India has boomed since its 2007 inception, but its development has been dogged by both domestic and international regulatory uncertainty. Katie Holliday looks at the challenges faced by the Indian CDM market and asks whether it has a future

India’s position as one of the leading generators of Certified Emission Reductions (CERs) is currently on shaky ground, as market experts predict a sharp reduction in investor inflows to Clean Development Mechanism (CDM) projects in India in coming years.

As well as suffering from the lack of clarity that is affecting the carbon market worldwide, India has some specific issues threatening its CDM market. In particular, Indian CDM may soon have competition from a domestic trading scheme, which

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