Prime Minister's Message

"International Regulatory Systems for CDM, being a project focused mechanism, has its own limitations. For instance, we have in place a number of projects and policies that would directly and indirectly help combat climate change. Under CDM’s current approach, it would however be difficult to get credits for our efforts. I have not been too comfortable with Carbon Credit System since it reflects “wrong doer’s penance” in monetary terms. There is a need to develop a more positive approach. With this in mind, I exhorted my officials to develop the innovative scheme of Green Credits.”