Environment : Paying for Change

Quite apart from the many other implications of the revised Kyoto Protocol finally agreed upon, developing countries may have to contend with a paucity of funding for the kind of technological change that would be needed to fulfil the Protocol’s objectives. It would make sense then to invest in developing environmentally sound technologies (EST), including those which would bring down the emissions of greenhouse gases. So what is the availability of such technologies currently? What in fact is the status of publicly-funded research and development activity in India?