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• Such massive financial inputs can only be arranged through a new global financingregime based on the collaborative efforts of governments, industry, multilateralfinancing agencies, foreign institutional investors, foreign direct investors andexternal commercial borrowers, as well as domestic banks and financial institutions.This global regime has to be created strategically so as to indicate a win-winsituation for all involved.• Business will play an important role in the future. The private sector is expected totake on itself the responsibility to establish 50 per cent of the power generationand transmission capacity and has to bring equity from its own resources. Thebusiness will require greater certainty of cover for risk and liability associated withmaking commercial investments in zero- and low-emission technologies. Anunderstanding of the constraints that will apply to GHG emissions in the future isfundamental to estimating future demand for investment for zero- and low-emissiontechnologies.BIBLIOGRAPHYCentral Electricity Authority (CEA), 2012. National Electricity Plan, Volume 1,Generation. CEA, Ministry of Power, Government of India. Available at http://www.cea.nic.in/reports/powersystems/nep2012/generation_12.pdf.Cuisik, D. and ClimateWire, 2012. “Asian demand forecasts boom for coal”, ScientificAmerican, 14 May 2012. Available at http://www.scientificamerican.com/article.cfm?id=asian-demand-forecasts-boom-for-coal.International Energy Agency (IEA), 2010. World Energy Outlook 2010. IEA, Paris,France. Available at http://www.iea.org/publications/freepublications/publication/weo2010.pdf.International Energy Agency (IEA), 2011. CO 2Emissions from Fuel Combustion:Highlights. IEA, Paris, France. Available at http://www.iea.org/co2highlights/co2highlights.pdf.Ministry of Power, Government of India, 2012. Report of the Working Group on Powerfor Twelfth Plan (2012-17). Available at http:// www.planningcommission.nic.in.Press Information Bureau (PIB), Government of India, 2012. Press release on “Percapita power consumption”, 18 May 2012. Available at http://pib.nic.in/newsite/erelease.aspx?relid=84206.Planning Commission, Government of India, 2006. Integrated Energy Policy: Report ofthe Expert Committee. Available at http:// www.planningcommission.nic.in.Planning Commission, Government of India, 2011. Faster, Sustainable and MoreInclusive Growth: An Approach to the Twelfth Five Year Plan (2012-2017). Available athttp:// www.planningcommission.nic.in.30

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