Rabo India, the 100 per cent of the Netherlands-based, $300 million Rabo Bank, has launched carbon advisory services in India.
The bank will arrange sale of certified emissions reductions (CERs) under the clean development mechanism from projects in India to the Dutch government.
It has also tied up with Winrock International India to offer comprehensive advisory services to clients.
It will offer financial and technical resources to projects which take up reduction of the harmful greenhouse gases (GHGs) in the environment.
Rabo Bank International had recently signed an agreement with the Dutch government to contract 10 million tonne of GHG emission reductions from sustainable energy projects in developing countries over a 2-year period. The credits are to be delivered over a 10-year period.
