This paper is published in Volume-6, Issue-4, 2020
Area
Environmental Economics
Author
Aaditya Gupta
Org/Univ
Delhi Public School, New Delhi, Delhi, India
Pub. Date
11 August, 2020
Paper ID
V6I4-1367
Publisher
Keywords
Carbon markets, Greenhouse gases, Carbon trading, Emissions trading scheme, Carbon dioxide, Carbon dioxide equivalent, Pilot markets

Citationsacebook

IEEE
Aaditya Gupta. Role of Carbon Markets in India to meet its Climate Commitments, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.

APA
Aaditya Gupta (2020). Role of Carbon Markets in India to meet its Climate Commitments. International Journal of Advance Research, Ideas and Innovations in Technology, 6(4) www.IJARIIT.com.

MLA
Aaditya Gupta. "Role of Carbon Markets in India to meet its Climate Commitments." International Journal of Advance Research, Ideas and Innovations in Technology 6.4 (2020). www.IJARIIT.com.

Abstract

This paper is an exploratory study to understand the key features of a carbon market and the context in which a carbon market can possibly be introduced in India. The paper examines the potential for a Pilot Carbon Market in India based on a review of existing global carbon markets and an understanding of the attempts by the Indian authorities to usher in market-based instruments for emission control. In this context, the paper recommends a specific pilot and incorporates the views of a few stakeholders to get a sense of its feasibility.
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