The Viewpoint The Politics and Economics of Carbon Market - An Indian Perspective

Bar & Bench March 20 2012

By Ajay Sondhi and Siddharth Srivastava

Introduction

The first commitment period under the Kyoto Protocol is set to expire this year. Though significant progress has been made in the Durban Climate Change Conference (including in relation to theĀ  second commitment period which would commence from January 01, 2013 and end either on December 2017 or December 2020), still a lot is required to be done in terms of safeguarding the interests of the developing countries in the future climate change deliberations. It is however important to understand the dynamics of Kyoto Protocol and in . . .

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