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Carbon Markets

DEVELOPING COUNTRIES ROLE IN ADDRESSING THE CLIMATE CRISIS

COP30 in Belém marks a shift from talks to real action. With the U.S. pulling back, Brazil, India, China, and South Africa are expected to lead. The summit highlights forest protection, the Baku to Belém roadmap, and finance, urging developing nations to pair climate ambition with fairness.

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NATIONAL DESIGNATED AUTHORITY FOR CARBON MARKETS

The 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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