IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-0-387-77353-7_15.html
   My bibliography  Save this book chapter

Economic and social risks associated with implementing CDM projects among SME – a case study of foundry industry in India

In: Economics and Management of Climate Change

Author

Listed:
  • Prosanto Pal

    (The Energy & Resources Institute (TERI))

  • Girish Sethi

    (The Energy & Resources Institute (TERI))

Abstract

The sustainable development of the potential host countries is an explicit objective of the Clean Development Mechanism (CDM), one of the financial mechanisms under the Kyoto Protocol. The three dimensions of sustainability which need to be met by CDM projects are environmental, social and economic sustainability. Energy efficiency projects in the small and medium enterprise (SME) sector directly contribute to sustainable development of the developing country’s economy. There are a large number of products manufactured by SMEs using outmoded energy-inefficient processes. Some examples of such products are clay bricks, glass items, iron castings (foundries), steel re-rolling, textiles and a variety of food items. The total energy consumption of each of these sectors, taken as a whole, is very significant, simply because of the large number of SMEs. Although individual CDM projects are not possible for SMEs, it is technically possible to bundle multiple small projects under large regional “umbrella” projects. However there are several economic and social risks associated with the implementation of smallscale CDM projects. These are presented in this paper by means of a case study on the bundling of energy efficiency projects in a small-scale foundry cluster in Rajkot, Western India.

Suggested Citation

  • Prosanto Pal & Girish Sethi, 2008. "Economic and social risks associated with implementing CDM projects among SME – a case study of foundry industry in India," Springer Books, in: Bernd Hansjürgens & Ralf Antes (ed.), Economics and Management of Climate Change, pages 209-218, Springer.
    • Handle: RePEc:spr:sprchp:978-0-387-77353-7_15
    DOI: 10.1007/978-0-387-77353-7_15
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-0-387-77353-7_15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.