As the debate on Climate Change (CC) mitigation gets serious major developing countries like China, India, and Brazil among others will need to deploy nationally appropriate mitigation action. A previous paper ("Climate Change and the Energy Challenge: A Pragmatic Approach for India") outlined a framework that enables to identify viable technological options for CC mitigation in the Indian context. It also applied that framework to suggest concrete areas of action (broadly, electricity reforms, power-plant efficiency, and advanced cookstoves). This paper goes a step further and suggests specific policies and institutional mechanisms that will be efficient in deploying the viable options. The paper also discusses how the extra cost of taking these actions will be paid for, for example the applicability of CDM or sectoral financing approaches to the different options.