The Kyoto Protocol has created a new market for a variety of products and services including trading of emission. India is a major player in the global CDM market. The proponents of KP have claimed that Kyoto Protocol ‘was never intended to address global emissions, as it focuses on achieving...

Water scarcity has emerged as one of the major economic and environmental issues of this century. The Earth Summit (Rio 20) Document ‘The Future We Want’ (June 2012) has advised each participant country to consider the implementation of green economy policies in the context of sustainable...

EU and USA have taken two distinct approaches to tackle the climate issue and seize the advantages of the new business opportunities it has offered by creating a new economic space. While EU tried to address the cause of global warming by promoting clean technology, as a late entrant to this...