Carbon credits, INDC and India.pptx

8/18/2019 Carbon credits, INDC and India.pptx

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CARBON CREDITS, INDC

AND INDIATEAM 8SAKTHI SRI A


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CARBON CREDITS• A permit which allows a country or

organization to produce a certainamount of carbon emissions and

which can be traded if the fullallowance is n ot used.


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IMPORTANCE OF CARBON CREDIT• One challenge facing the human race is

that of GLOBAL WARMING.• Carbon credits are a part of international

attempts to mitigate the growth inconcentrations of greenhouse gases(GHGs).

• The goal is to

the direction of low emissions approachesthan those used when there is no cost toemitting carbon dioxide into theatmosphere.


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• 196 Countries publicly outline post-2020 climate actions they intend totake under international agreement,i.e. Intended Nationally DeterminedContributions (INDCs).

• INDCs will determine whether worldachieves an ambitious 2015agreement and is put on path towardlow-carbon, climate-resilient future.


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“By next year’s Climate Wee N!C "e#an all l$$ %a# "it& 'ri(e $n "&at

t&is extra$r(inary year &as set inm$ti$n) John A. Kufuor, former President of Ghanaand Special Envoy on Climate Change


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Ho does the process or!"

• The process for INDCs pairs natpolicy-setting with a global frameworkthat drives collective action toward alow-carbon, climate-resilient future.

• The INDCs will create a construcfeedback loop between national andinternational decision-making onclimate change.


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• INDCs will reect each country’sambition for reducing emissions,taking into account its domesticcircumstances a nd capabilities.

• Some countries may also address howthey’ll adapt to climate changeimpacts, and what support they needfrom, or will provide to, othercountries to adopt low-carbonpathways and to build climateresilience.


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#hen ill e see them"• All INDCs submitted to by October 1st wil

synthesis report by the UNFCCCSecretariat that will be r eleased byNovember 1st. The report will reectthe aggregate em issions impact ofavailable INDCs ahead of COP21.


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#hat ma!es a good $%&C"

A good INDC• Ambitious•

Transparent• Equitable• Clearly Communicated


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INDC INC*+DES• A reference point (f year from which emissions wil

• Time frame• Scope and coverage• Methodological approach towards

calculating em issions• How the con tribution is fair and ambitious• How it contributes towards achieving the

objective of the UN's c limate convention


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“T&is is t&e rsttime y$- #an

meas-re a'$liti#al 'r$mise,an( &$l( t&e$.#ialsa##$-nta%le)%'C (ayor (ichael)loom*erg


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INDIA’S INDC• S-%mitte( $n O#t / n( , In(ia’s INDC, 01 'a2e(

($#-ment is %alan#e( an( #$m're&ensi3e4• In(ia is een t$ "$r t$"ar(s a l$" #ar%$n

emissi$n 'at&"ay, "&ile en(ea3$-rin2 t$meet all t&e (e3el$'mental #&allen2es t&att&e #$-ntry 6a#es t$(ay4

• In(ia &as (e#i(e( t$ an#&$r a 2l$%al s$larallian#e, INSPA $6 all #$-ntries l$#ate( in%et"een Tr$'i# $6 Can#er an( Tr$'i# $6Ca'ri#$rn4


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“+nto Heaven *e Peace, +nto the S!y and theEarth *e Peace, Peace *e unto the #ater, +nto theHer*s and rees *e Peace -YAJUR VEDA


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• To create addit3 billion tonnes of CO2 equivalentthrough additional forest and tree cover

by 2030.• To adapt to clmate

investment in sectors vulnerable toclimate change, agriculture, waterresources, Himalayan region, coastalregion, health, disaster management.

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To achieve 40 per cent cumulativeelectric power installed capacity fromnon-fossil fuel based energy resources b y2030 .


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• To mobilize domestic, new andadditional funds from developedcountries to implement abovemitigation and adaptation actions in

view of the resource resource gap.

• To build capacities, eframework and international

architecture for quick diffusion ofcutting edge climate technology inIndia


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Carbon credits, INDC and India.pptx