Carbon credits, also known as carbon offsets, are like tokens that organizations or countries can use to balance out their carbon emissions. They do this by investing in projects that either reduce or remove greenhouse gases from the air. These projects could involve things like planting trees, using renewable energy, or making industries more efficient. Essentially, carbon credits encourage people to cut down on emissions and support eco-friendly practices.
India is making big efforts to switch to cleaner energy sources, like ramping up its use of renewable energy, making things more energy-efficient, and aiming for more electric vehicles.
Why is this important? Well, India has promised to lower its carbon intensity by 33-35% by 2030 compared to levels in 2005, as part of the Paris Agreement. Allowing its carbon credits to be traded internationally is a new and exciting step.
Trading carbon credits helps countries work together on fighting climate change. It encourages partnerships between India and other countries, where they can share ideas and technology to become more eco-friendly. This move could also bring economic benefits to India. It might attract investments in renewable energy, planting trees, and other projects that cut down on emissions. This could mean more jobs and more growth for the country. So, by doing this, India can get extra help to reduce emissions faster and join hands with the world to tackle climate change.
Read More
|
|
Advertisements
|
|
It is ok to contact this poster with commercial interests.
128 Visits
Ad Detail: ES Ranganathan India's Visionary Approach to Carbon Credits
You are viewing " ES Ranganathan India's Visionary Approach to Carbon Credits" classified Ad. This free Ad is placed in Delhi Other category.
|
| Similar Ads |
|
|
Deal locally to avoid scams and frauds!
Avoid sending money to unknown persons. Muamat.com is not involved in any transaction between members and take no responsibility of any kind of loss or damage.
BACK
|
|
