Carbon Market: A Change for India’s Climate Levels
Carbon market, an initiative of the Indian government, aims to reduce the greenhouse gas emissions through carbon trading and carbon offset.
Carbon market, an initiative of the Indian government, aims to reduce the greenhouse gas emissions through carbon trading and carbon offset.
India has recently announced the activities that will be eligible for trading carbon credits under the Article 6.2 mechanism. The mechanism aims to transfer emerging technologies and mobilize international finance in the country. The National Designated Authority for the Implementation of the Paris Agreement (NDAIAPA) has been notified and authorized to make decisions on the […]
Introduction to Carbon Credits, Offsets, and Markets Both the 1997 Kyoto Protocol and the 2015 Paris Agreement were international agreements that set global CO2 emission targets. The latter has resulted in national emissions targets and the laws to support them, with all but six nations approving them. With these new requirements in place, businesses are […]
Carbon Trading in India and its legal aspects: An overview The companies in the developed world are required to meet certain carbon emission target set by their respective government. However if these companies are not able to meet their emission targets, they have an alternative of purchasing these carbon credits from the market i.e. from […]