Some climate policies constitutes a win-win solution for climate and development. Authors at Cired analyze the potential for implementing synergies between climate and development looking at the case of India, where power sector is characterized by many institutional and market failures, capacity shortage and structural underinvestment.
A carbon price only scenario will induce prohibitive macroeconomic costs, authors say, but enlarge the spectrum of climate policies and synergies between climate policies and development policies should be used for mitigation cost assessment
