본문 바로가기 주메뉴 바로가기
국회도서관 홈으로 정보검색 소장정보 검색

결과 내 검색

동의어 포함

목차보기

Title page 1

Contents 4

LIST OF ABBREVIATIONS 7

EXECUTIVE SUMMARY 9

1. INTRODUCTION 11

1.1. HOW A CCTS CAN GENERATE REVENUE 11

1.1.1. Allowance Allocation by Auctioning 11

1.1.2. Auctioning of Allowances Set Aside for a Fund 12

1.1.3. Government Sale of Credits 12

1.1.4. Climate Transition Bonds 12

1.1.5. Summary 13

1.2. NEEDS AND CHALLENGES IN ACHIEVING JUST ENERGY TRANSITION IN INDIA 14

1.2.1. Overall Challenges 14

1.2.2. Challenges of Decarbonizing Industry 16

1.2.3. State-Level Energy Transition Challenges 19

1.3. METHODOLOGY FOR THE DEVELOPMENT OF THE CCTS ENERGY TRANSITION FINANCE MECHANISM 22

1.3.1. Key Stakeholders for Design and Implementation 23

1.3.2. International Best Practices for Governance Systems 23

2. FUNDS TO BE INCLUDED WITHIN THE CCTS ENERGY TRANSITION FINANCE MECHANISM 25

2.1. POWER AND INDUSTRIAL DECARBONIZATION FUND 25

2.1.1. Objectives 25

2.1.2. Project Selection Criteria 26

2.1.3. Types of Investments and Financial Instruments 28

2.1.4. Fund Mobilization 30

2.2. STATE SOCIAL AND ECONOMIC TRANSITION FUND 31

2.2.1. Objectives 31

2.2.2. Types of Investments 32

2.2.3. Types of Financial Instruments 34

2.2.4. Fund Mobilization 38

2.3. MANAGING FINANCIAL STABILITY 40

3. LEGAL, INSTITUTIONAL, AND OPERATIONAL FRAMEWORK 41

3.1. LEGAL AND INSTITUTIONAL FRAMEWORK 41

3.2. OPERATIONAL STRUCTURE 44

3.3. MONITORING AND EVALUATION FRAMEWORK 48

3.3.1. M&E for Power and Industrial Decarbonization Fund 48

3.3.2. M&E for State Social and Economic Transition Fund 49

4. ACTION PLAN AND ROADMAP FOR MOBILIZING FINANCE THROUGH INDIA'S CCTS 51

4.1. ACTION PLAN 51

4.1.1. Stage 1: Policy Development and Approval 51

4.1.2. Stage 2: Establish the Legal and Institutional Framework 52

4.1.3. Stage 3: Implement and Manage the ETFM 53

4.2. ROADMAP 54

4.2.1. Roadmap to Generate Revenue through the CCTS 54

4.2.2. Roadmap to Develop and Implement the ETFM 55

ANNEX 1. INTERNATIONAL EXAMPLES OF FUND MANAGEMENT FOR INDUSTRIAL DECARBONIZATION AND ENERGY TRANSITION 57

Tables 6

TABLE 1. SUMMARY OF REVENUE GENERATED THROUGH ETSs IN DIFFERENT JURISDICTIONS 13

TABLE 2. SUMMARY OF INVESTMENTS REQUIRED IN THE DECARBONIZATION OF ENERGY-INTENSIVE SECTORS 19

TABLE 3. SOCIOECONOMIC INDICATORS & STATUS OF THE STATES 21

TABLE 4. PROPOSED RESPONSIBILITIES AND TASKS OF DIFFERENT ENTITIES IN CCTS ENERGY TRANSITION FINANCE MECHANISM 46

Figures 6

FIGURE 1. KEY CHALLENGES IN ACHIEVING ENERGY TRANSITION 14

FIGURE 2. STAKEHOLDERS TO BE CONSIDERED FOR CREATING FINANCE MECHANISM 23

FIGURE 3. OECD PRINCIPLES OF GOOD GOVERNANCE FOR REGULATORS 24

FIGURE 4. PURPOSES FOR WHICH ENERGY TRANSITION FINANCE MECHANISM COULD BE USED 25

FIGURE 5. OBJECTIVES OF A POWER & INDUSTRIAL DECARBONIZATION FUND 26

FIGURE 6. FINANCIAL INSTRUMENTS UNDER PIDF 28

FIGURE 7. OBJECTIVES OF STATE SOCIAL & ECONOMIC TRANSITION FUND 32

FIGURE 8. FINANCIAL INSTRUMENTS UNDER SSETF 35

FIGURE 9. PROPOSAL SUBMISSION PROCESS FOR CENTRALIZED PROJECT APPROVAL 38

FIGURE 10. PROPOSAL SUBMISSION PROCESS FOR FORMULA-BASED ALLOCATION WITH STATE-LEVEL PROJECT APPROVAL 39

FIGURE 11. POTENTIAL SUPPLEMENTARY REVENUE STREAMS FOR CCTS ENERGY TRANSITION FUND 40

FIGURE 12. CRITICAL ELEMENTS FOR LEGAL FRAMEWORK FOR CCTS ENERGY TRANSITION FINANCE MECHANISM 41

FIGURE 13. OPERATIONAL STRUCTURE FOR CCTS ENERGY TRANSITION FINANCE MECHANISM 45

FIGURE 14. MONITORING AND EVALUATION PROCESS FOR PIDF 49

FIGURE 15. MONITORING & EVALUATION PROCESS FOR SSETF 50

FIGURE 16. ACTION PLAN IN THREE STAGES 51

FIGURE 17. ROADMAP TO GENERATE REVENUE THROUGH THE CCTS 55

FIGURE 18. ROADMAP TO DEVELOP AND IMPLEMENT THE ENERGY TRANSITION FINANCE MECHANISM 56

FIGURE 19. EU INNOVATION FUND 58

FIGURE 20. EU MODERNISATION FUND FINANCING PROCESS 61

FIGURE 21. GOVERNANCE STRUCTURE OF THE CALIFORNIA GGRF 66

FIGURE 22. FUND FLOW OF CALIFORNIA GGRF 67