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News - compact fluorescent lamps

Global carbon fund keen to finance CFL project plans here (The Hindu Business Line 28th Jan 2008)Climate Change Capital (CCC), which manages the world’s largest private sector carbon fund, is keen on funding the Clean Development Mechanism-based energy efficiency lighting projects being planned by the Centre, and being implemented across States such as Andhra Pradesh and Haryana.
The funding by the UK-based CCC is expected to be in lieu of receiving and encashing carbon credits generated from these projects. This could come as a shot in the arm for the ambitious project, which seeks to increase penetration of compact fluorescent lamps (CFLs) among households across the country as an energy conservation measure.
“As the investment manager of the largest private sector carbon fund in the world, we are looking at many greenhouse gas reduction projects across the globe, including India… India is an important country for CCC and we are building out our team. We hope that energy efficient lighting will play an important part in our portfolio in India,” CCC’s Marketing and Communications Manager, Mr James Burnham, told Business Line.
The Centre is currently working on a novel public-private partnership scheme to utilise the CDM provision of the Kyoto Protocol to increase penetration of CFLs among domestic consumers across the country. More
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