Stakeholder networks in carbon governance: the role of state-market relations in the Indian renewable energy sector
|Title||Stakeholder networks in carbon governance: the role of state-market relations in the Indian renewable energy sector|
|Publication Type||Other Working Paper|
|Year of Publication||2010|
|Secondary Title||The Governance of Clean Development Working Paper Series No. 007|
|Keywords||Development, GCD, UEA, working papers|
Climate change confronts countries like India with immense challenges. The demand for new modes of governance in India, as elsewhere, arises out of developing countries’ dilemma that government as well as the market fails to adequately address climate change and human welfare. In the context of the international climate change regime, new modes of governance such as the Clean Development Mechanism (CDM) are institutionalised as alternative market-based policy devices. However, implementation of the CDM varies spatially. This paper focuses on the role of actor networks in specific local settings as a determinant of effective renewable energy governance. The case of the Indian wind sector demonstrates that, ultimately, state-market relations and interactions in evolving stakeholder networks are a prerequisite to effectively responding to challenges of climate change and development.