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Greenhouse Gas Pollution Prevention Project - Climate Change Supplement 
       
India is currently the world's sixth-largest and second-fastest growing source of global greenhouse gas (GHG) emissions. The single largest source of carbon dioxide emissions in India is coal-fired power plants, which constitute the majority of electricity supply resources. New supply facilities are being planned and added at an increasing rate to meet the existing deficit and growing demand. Yet shortages in power supply continue, thus inhibiting more rapid industrial and economic growth. Although, India's per-capita GHG emission is less than the world average, India's rate of growth of GHG emissions is high.
The global warming can potentially exacerbate the incidence of diseases, such as malaria, dengue fever; and measles, and water scarcity. Encouraging GHG mitigation projects, thus can have a positive impact on health in India and the world at large.
The   U.S.  Agency for International Development (USAID)  launched the Greenhouse Gas Pollution Prevention (GEP) project in 1995 to help India  increase the efficiency of its coal- fired power plants and promote year-round cogeneration of power in the sugar industry. The Climate Change Supplement (CCS) expands on this effort by focusing on the links between climate change and urban and sustainable development. ICICI Limited, a premier Indian financial institution, and the Indian implementing partner for GEP-CCS, will implement GEP-CCS the activities jointly with USAID and The Louis Berger Group, Inc. (LBG. GEP-CCS will:

  • Develop human and institutional capacity to design and implement policies and projects that reduce greenhouse gas (GHG) emissions

  • Increase technical cooperation between U.S. and Indian entities  

  • Promote GHG reduction pilot projects to test the efficacy of the concepts  

  • Create public-private partnerships to reduce greenhouse gas emissions

  • Attract and channel private and international financing into clean energy technology and GHG projects

  • Collaborate closely with other bilateral, multilateral, and private implementation

Building Institutional Capacity:
Project technical assistance will strengthen the capacity of:

  • The Confederation of Indian Industries Climate Change Center , to U.S. industry on cooperation in clean energy, power, transportation, and industrial energy efficiency projects that lead to GHG emissions reduction

  • Development Alternatives Climate Change Outreach and Facilitation  Center, to increase awareness among various stakeholders U.S. industry on cooperation in decentralized energy projects

  • The Government of India's LBS Academy of Administration, through collaboration, on issuers related to sustainable energy management and its linkages with GHG emissions reduction, public administration, economics, and management

  •  The Indian financial sector, to appraise GHG emissions reduction  projects and develop financial and risk appraisal tools. U.S. bankers and financiers will collaborate with Indian counterparts led by  ICICI to train up to 120 Indian financial officials to become trainers for their respective organizations

  • Five municipal authorities, on advanced technologies and implementation mechanisms for methane capture from solid wastes and use as a source of clean energy 

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Bankable GHG Mitigation Projects:
Targeted sectors for demonstration projects include:
  • Electric utility
  • Urban: transport and methane re-use
  • Industrial and energy efficiency

Technical assistance to Indias Climate Change Centers will help identify, screen, and develop a portfolio of 15 bankable projects to leverage financing from domestic and international funding sources.
  

The GEP-CCS will develop a project tracking system to provide information to various  computational tool-kit will also be developed to analyze the GHG reduction potential of a project to enhance financing ability. 

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Outreach and Collaborative Activities:
To disseminate information and initiate a dialogue and cooperation between Indian and U.S. stakeholders on GHG mitigation, the project will undertake the following activities:
  • Commission joint research between Indian and U.S. institutions on climate change and its impacts on sustainable development
  • Conduct senior policy-level roundtables, workshops, exchanges, and study tours
  • Motivate "champions" of GHG mitigation activities from stakeholders in Indian industry, government, academia, and NGOs. Promote dissemination of information on global climate change issues particularly as they relate to clean energy development in India 

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