A growing number of businesses around the world are turning to internal carbon pricing as a tool to manage climate-related risks and transition to a low-carbon economy. There are early signs that internal carbon pricing is making inroads into progressive Indian businesses as well.

This document presented in the one of the side event of COP15, Copenhagen, discusses the lack of access to clean and modern energy in India rural population despite government initiatives in promoting cleaner technologies. The authors explore CDM/POA potential to promote renewables for GHG mitigation while achieving desired energy transformation and development in rural areas.