World's First "Clean Mechanism Project" in India

Its time for “Green” to become chic! And just give lure of money to Indian entrepreneurs – and they will create the most impossible looking stuff in India. Here is one such example – perhaps the first “clean development project” as per UN Framework Convention on Climate Change. And they get to trade certified emission reductions – a source of revenue too!

If everything falls into place, Technopolis – the 6.75 lakh sq ft IT park also in Sector V – will be the first real estate project anywhere in the world to be registered under the United Nations Framework Convention on Climate Change as a clean development mechanism project.

If it happens, Technopolis will be eligible to trade in certified emission reductions, a potential source of revenue of around Rs 75 lakh.

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