REDD+ assigns economic value to forests to combat climate change, but flawed implementation in voluntary carbon markets has turned it into an ethical crisis enabling greenwashing. Reform must ensure genuine, verifiable, and equitable outcomes, as the credibility of forest-based climate action depends on transparent and accountable systems.
Click to View MoreThe Environment Ministry has established the National Designated Authority (NDA) to govern carbon trading, a requirement under Article 6 of the Paris Agreement. The new framework will incentivize industries to reduce emissions by allowing them to trade carbon credits, linking economic growth with environmental responsibility. This development demonstrates India's proactive stance on climate action.
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