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Friday, June 23, 2006

CDM : Bridging the gap

An interesting company that is focused on creating CDM projects and funds itself and the stakeholders from the CER credits generated. CER India Pvt. Ltd. has been set up as a company to partner with grassroots groups, NGOs, people's organizations, Gram Panchayats, etc., assist them in developing and financing CDM Projects, and in the monitoring and sale of carbon credits that are generated. The company has partnered with ADATS and a grassroots organization Coolie Sangha to do some pioneering work in Bagepalli (Kolar Dist.) on dry land development that has a CER bonus. They are currently working on a number of CDM initiatives in the areas of rural lighting, bio-gase etc.

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