This paper reviews India.s low-carbon high growth inclusive policy initiatives, comments on their financial sustainability and environmental sustainability and suggests desirable changes. The focus is on reduction in CO2 emissions. [WORKING PAPER 56/2010]....

Despite the major uncertainties mentioned at the beginning that afflict both dimensions of climate change, this analysis has demonstrated a clear trend: the regulatory-market economy dimension of climate change will affect most sectors much earlier than the environmental-climatic dimension....