Carbon Credits have the potential to be the next great currency. It might be almost mandatory to have Carbon Credits one day and there seems to be no alternative world currency that escapes local political intervention that we can all trust. Carbon Credits are going to hold the same value...

This Working Document complements the CEPS Policy Brief, Understanding India’s climate agenda, and elaborates on three key issues related to the country’s energy challenges: access to energy, the future emissions trajectory and energy subsidies. This study looks into the making and framing...

This new Policy Brief by CEPS Fellows, Noriko Fujiwara and Christian Egenhofer, discusses some of the factors that are key to understanding India’s climate agenda with an emphasis on the country’s challenges in development, adaptation, energy use and greenhouse gas emissions. The Policy...

This book assesses the structure of projects under the Clean Development Mechanism (CDM) of the Kyoto Protocol. It explains why, instead of the expected bilateral structure where a company from an industrialized country invests in a project in a developing country and receives the emission...