The US economy could generate 4.2 million new "green" jobs in the next 30 years, about 10 percent of all the jobs created, according to a study for the US Conference of Mayors released on Thursday.

The study found the United States now has about 750,000 green jobs, which generally involve producing renewable energy or providing engineering, legal or research support.

With the world economies painting a gloomy financial scenario, time couldn't have been more opportune to take stock of financing in the renewable energy sector in India. The 3rd Renewable Energy Finance Forum, which kicked off to a good start in Mumbai proved to be more than just an eye opener.

Mr Debashish Majumdar's experience spans over 30 years in the field of renewable energy and energy efficiency. An engineer from IIT Delhi, he has been with the Indian Renewable Energy Development Agency (IREDA) for over eleven years. Inwind Chronicle interviewed Mr Debashish Majumdar for his views on financing in the wind sector.

In this project

The author looks at financing of wind power projects from the perspective of a financial institution in India.

This report presents an assessment of progress of European countries towards achieving the objectives of the UN Framework Convention on Climate Change (UNFCCC) and their emission targets under the Kyoto Protocol.

This report takes a look behind the bright vision of carbon capture and storage

From Bali to Copenhagen

Bs Reporter / New Delhi September 30, 2008, 0:48 ISTIndia should aim to generate a fifth of its capacity expansion in the current plan period (2007-12) from renewable energy to avoid climate change effects, said United Nations Industrial Development Organization (Unido).

BY GOUTAM DASNEW DELHI

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