Notes

1'The United Nations Framework Convention on Climate Change' available at http://unfccc.int/essential_background/convention/items/2627.php as visited on 21 October at 1640 hrs.

2Q&A: The Kyoto Protocol. available at http://news.bbc.co.Uk/2/hi/science/nature/4269921.stm as visited on 23 October 2006

3The Kyoto Protocol sets targets for industrialised countries to cut their GHG emissions like carbon dioxide, methane, hydroflurocarbons, perflurocarbons and sulphur hexafluoride, nitrous oxide.

4The adoption of a pro-active approach has been suggested in the Montreal Climate Change Conference 2005 to engage other main actors, notably the US. See .Montreal Climate Change Conference 2005.available at http://www.bbc.co.uk/climate/policies/climate-conference.shtml as visited on 23 October 2006.

5'Kyoto Protocol', available at http://unfccc.int/kyoto_protocol/items/2830.php as visited on 25 October 2006

6ICSI, "Corporate Governance", 4th ed., 2006, p. 299

7Ibid.

8Partners in change, "making corporate social responsibility your business", slide 1.

9Ibid.

10Tatjana Chahoud, Johannes Emmerling, (et. al), 'Corporate Social and Environmental Responsibility in India- Assessing the UN Global Compact's Role" May, 2006, p.12

11 UNCTAD'S 1999 report on The Social Responsibility of Transnational Corporations

12Philip Kotler and Nancy Lee, "Corporate Social Responsibility", 1st ed. at p.

13AIR 1983 SC 759

14"India's Environmental Concerns", Process of greening by the Indian Industries, by Kamal Nath, Pg. 21.

15Report published by Paryavaran Mitra: Friends of Environment, http://paryavaranmitra.org.in/misc/marine%20pollution.doc, as last visited on 21/5/2007.

16The non-complying Party is to make up the difference between its emissions and its assigned amount during the second commitment period, plus an additional deduction of 30%. In addition, it shall require the Party to submit a compliance action plan and suspend the eligibility of the Party to make transfer under emission trading until the Party is reinstated

17Q&A: The Carbon Trade. available at http://news.bbc.co.uk/2/hi/business/4919848.stm as visited on 23 October 2006

18"Documents in International Environmental Law", by Philippe Sands & Paolo Galizzi, Second Edition.

19Abhishek Kapoor, .Green to black: India Inc tops carbon trading, firms cash in. available at <http://www.indianexpress.com/story/15354.html >as visited on 24 October 2006 at 1200 hrs.

20'New fund-raising route for clean tech projects'. available at http://www. thehindubusinessline.com/2006/08/23/stories/2006082303030900.htm as visited on 14October 2006.

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