Carbon Sinks, Carbon Markets & India’s Carbon Credit Trading Scheme
Carbon sinks are natural or artificial reservoirs that absorb more carbon from the atmosphere than they release. India's strategy to meet its climate commitments relies heavily on enhancing natural carbon sinks (forests, oceans) and leveraging the Carbon Market mechanism, particularly through the new Carbon Credit Trading Scheme (CCTS).
|
Carbon Sinks, Markets & Mechanisms |
|||
|
Concept |
Definition and Mechanism |
Geographical/Sectoral Linkage |
Policy and Economic Tool |
|
Carbon Sinks |
Natural/artificial features that absorb atmospheric ; Forest, Soil, and Ocean are primary sinks. |
Forest Cover: India aims to increase its sink capacity via targets set under the Nationally Determined Contributions (NDCs). |
Green India Mission (GIM): Focuses on enhancing forest quality and .... |
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
Geography Of India
- 1 India’s Strategic Location in the Global and Regional Contexts
- 2 Geological Evolution of the Indian Subcontinent
- 3 India’s Geological Uniqueness: Some Salient Aspects
- 4 Peninsular Block, Himalayan Region, and Indo-Gangetic Plains: Comparative Features
- 5 Major Physiographic Divisions of India
- 6 Coastal and Desert Landforms of India
- 7 Origin and Characteristics of Major River Systems
- 8 Integrated River Basin Governance
- 9 Interlinking of Rivers and their Ecological-Economic Trade-offs
- 10 Groundwater Stress Mapping
