Japan’s bilateral carbon finance: a new opportunity for India

Japan is promoting low-carbon technologies in developing countries through its bilateral carbon finance scheme. The scheme

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Author: Kenta Usui

Allianz, C-Quest Capital launch India carbon project

 German insurer Allianz SE and U.S.-based C-Quest Capital LCC said on Tuesday they will finance the installation of about 8.5 million energy-efficient lightbulbs in India in return for U.N.-backed carbon offsets.

The 10-year project will fund the installation of compact fluorescent lightbulbs in Punjab, Andhra Pradesh and northern Delhi, Armin Sandhoevel, chief executive of Allianz Climate Solutions, told Reuters in Singapore.

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