The EU Emissions Trading System (EU-ETS) is a ‘cap and trade’ system that helps to combat climate change in a cost-effective and economically efficient manner. It is a major tool of the European Union in its efforts to meet emissions Read more…
The EU Emissions Trading System (EU ETS) is a crucial tool used by the European Union to combat climate change. The EU ETS is a “cap and trade” system that allows trading of emission allowances, which helps to reduce emissions Read more…
In recent years, India has been taking steps to reduce its carbon footprint and promote sustainable development. One of the proposed initiatives is the trading of Energy Savings Certificates (ESCerts). These certificates would represent the energy saved by energy-intensive industries, Read more…
In recent years, carbon markets have become a popular mechanism to tackle climate change. The concept is simple: polluters must pay to emit carbon dioxide, and those who reduce their emissions can sell credits to those who are unable to Read more…
The voluntary Carbon Market (VCM) in India will be done in a phased manner. The following is a summary of the proposed approach for the creation of the VCM in India. Phase 1: Development of a framework The first phase Read more…
n recent years, the world has witnessed a growing concern for the need to tackle climate change. Governments, businesses, and civil society organizations have come together to identify ways to reduce greenhouse gas (GHG) emissions and mitigate the effects of Read more…
The Perform, Achieve and Trade (PAT) scheme was introduced in India in 2012 as a market-based mechanism to promote energy efficiency in energy-intensive sectors. Under the scheme, Designated Consumers (DCs) are assigned energy-saving targets, and they are required to achieve Read more…
Energy Conservation Certificates (ECerts) are tradable certificates issued by the Bureau of Energy Efficiency (BEE) in India as part of the Perform, Achieve and Trade (PAT) scheme. These certificates represent the amount of energy saved by an organization beyond the Read more…
Perform Achieve and Trade (PAT) is a scheme initiated by the Bureau of Energy Efficiency under the National Mission for Enhanced Energy Efficiency. It is a market-based mechanism aimed at improving energy efficiency in energy-intensive industries. The scheme is part Read more…
Micro Carbon Credits: A Promising Solution for Smallholder Farmers Smallholder farmers are the backbone of the food supply in many countries, including Africa, where they contribute up to 70% of the food supply. However, smallholder farmers often face challenges in Read more…
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