The Baku Agreement on Carbon Trading: Implications and Opportunities for India India has long stood at the forefront of global environmental initiatives, navigating a complex balance between developmental aspirations and international climate commitments. The recent Baku Agreement, which aims to operationalize Article 6 of the Paris Agreement, marks a pivotal moment for India, presenting significantContinue reading “Carbon Trading Post Baku: Part III”
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Carbon Trading Post Baku: Part II
Indonesia: A Case Study In a recent article in Yale’s E360, the case of Indonesia which has eagerly embraced the new agreement has been analysed. Indonesia, with its vast forests and potential for carbon sequestration, exemplifies both the promises and pitfalls of carbon trading. The country has been proactive in leveraging its natural resources toContinue reading “Carbon Trading Post Baku: Part II”
Carbon Trading Post Baku : Part I
The recently concluded COP29 in Baku did not hit the headlines as prominently as some previous COPs. Comparatively, it was a tame affair. And yet, it registered some progress. The key outcomes of the deliberations included an agreement to put in place a UN-administered carbon trading framework; a structured operationalisation plan for the Loss andContinue reading “Carbon Trading Post Baku : Part I”
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