Sunday, October 11, 2009

India On Board

India is getting ready for the leap.

"Michael Spence, a Stanford professor and chairman of the World Bank-backed Commission on Growth and Development, has warned India and others that “go-it-alone” strategies are not enough. He is an advocate of a cross-border trading mechanism that encourages technology transfer and provides greater incentives to reduce carbon emissions over time for developing countries."

"Some local economists say India’s vulnerability to climate change with a population highly dependent on the agrarian economy and water systems fed by Himalayan glaciers and monsoon rains means it has to take the lead in the global debate."

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