Rajiv Tikoo

New Delhi: Irrespective of the outcome of the climate change negotiations in Copenhagen, the stage is set for creation a forestry carbon market, says Pavan Sukhdev, study leader, The Economics of Ecosystem and Biodiversity (TEEB).

No area of business will be affected more quickly or more significantly by the United Nations climate negotiations in Copenhagen than the energy industry. The world needs to be on a path to

The Copenhagen summit on climate change is going to fall short. Does this matter? Yes and no: yes, because the case for action is so strong; no, because the likely agreement would be inadequate. Tackling climate change will be hard. It is crucial that we achieve the goal effectively and efficiently. The likely further delays should be used to achieve just that.

The United Nations scheme was agreed under the 1997 Kyoto protocol as a key part of the overall strategy to fight global warming. It awards tradeable carbon credits to projects that reduce developing countries' greenhouse gas emissions - such as wind farms.

With a shy smile and a retiring manner, Liu Deshun has the slightly bedraggled appearance of an ageing professor. But make no mistake: this academic at Tsinghua University in Beijing is one of the world's most powerful players in the rapidly growing market for carbon credits.

With a shy smile and a retiring manner, Liu Deshun has the slightly bedraggled appearance of an ageing professor. But make no mistake: this academic at Tsinghua University in Beijing is one of the world's most powerful players in the rapidly growing market for carbon credits.

Neha Sinha

In his first official admission that India is reworking energy efficiency and carbon intensity targets before climate change negotiation in Copenhagen, Environment Minister Jairam Ramesh talks about India