What are you betting on in the clean development mechanism (CDM) space?
Clean energy: Nakul ZaveriIndia has the largest number of service providers in the carbon markets. However, most of these players are either consultants or aggregators. CCC is one of the very few buyers with a large pool of committed capital for the carbon markets. In addition to capital, the carbon finance group has expertise in carbon finance, project finance, private equity, power project development, portfolio management, environmental and technical consulting and policy. What is India’s place in the global CDM landscape? India ranks second after China in terms of value and volume in generating emission reductions under the CDM. India’s share is 33% by number of projects and 20% by volume of CERs (certified emission reductions) in the Asian region. In 2009, India ranked first in number of CDM projects submitted for prior consideration to the United Nations Framework Convention on Climate Change (UNFCCC). The Indian government has also been progressive in the CDM space and is accele