The Hindu Business Line : US expert to address India Inc on CDM

As the country emerges as a major hub of greenhouse gas emissions reduction projects with companies across different industrial sectors lining up more than 300 projects, the US President's Senior Advisor on Environment, Mr James Connaughton's visit to India next week is expected to give a boost to the recently launched Asia Pacific Partnership (APP) on Clean Development and Climate.

Mr Connaughton will address a public meeting organised by the FICCI on August 22. The meeting would provide an opportunity for Indian companies to learn about project opportunities under APP.

A new avenue for projects with greenhouse gas reduction potential is opening up under the APP on Clean Development and Climate — a partnership among six countries that is aimed at reducing greenhouse gas emissions and promoting energy security.

Indian industry can benefit from these partnerships through ongoing and future projects that aim at reducing greenhouse gas emissions and take advantage of clean technology transfer among the six partner countries, says the chamber.

The APP would promote projects in eight sectors — cleaner fuel, steel, cement, aluminium, power generation and transmission, renewable energy, mining, buildings and appliances. It is envisaged as a government-industry partnership initiative.

Mr Connaughton would also speak on `Methane to markets partnership', an international initiative launched by the US Government to reduce global methane emissions and thus enhance economic growth, promote energy security, improve the environment, and reduce greenhouse emissions.

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