Paris Agreement
Latest version · Adopted 2015; in force 2016
Indian use case
India submits NDCs (Updated 2022; 2035 update Mar 2026). Article 6.2 used for bilateral cooperative approaches; Article 6.4 (PACM) being used to transition Indian CDM projects.
Key points
- Article 6.2 (cooperative approaches / ITMOs)
- Article 6.4 (centralised mechanism / PACM)
- Article 6.8 (non-market approaches)
- Global Stocktake every 5 years; GST-1 concluded COP28 (2023)
Sources
Related Indian regulation
- Updated NDCMoEFCC
Indi's 2022 update commits to a 45% GDP-emissions intensity reduction by 2030 (vs 2005), 50% non-fossil installed capacity by 2030, and a 2.5–3 GtCO2e cumulative carbon sink. The Mar 2026 update raises ambition to roughly 47% intensity cut and 60% non-fossil capacity by 2035. The Long-Term Low-Emission Development Strategy (LT-LEDS, 2022) outlines pathways for power, transport, industry, urban, forests, finance.
- CCTSBEE
Hybrid compliance + offset domestic emissions trading scheme administered by BEE under the EC (Amendment) Act 2022. Obligated entities receive sector-specific GHG-intensity targets and trade Carbon Credit Certificates (CCCs); voluntary projects can issue offset CCCs through Accredited Carbon Verifiers (ACVs).
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