Section development of an ETS that is similar to various other 4 describes the existing emission mitigation market- ETS systems prevalent in Asia and around the world, based instruments in India and the details of the carbon like the EU-ETS and the Korean ETS. [...] The difference between the demonstrates that the project would not have baseline level of emissions (i.e., in the absence of happened in the business-as-usual scenario in the the proposed project) and emissions in the scenario absence of the funding provided by the carbon where the proposed project is functional is the basis credit scheme. [...] a clear relationship between the level of the ETS Complementary policies enable the ETS to function cap and the country’s NDC target, such as in the more efficiently by providing enabling infrastructure, case of the K-ETS. [...] The extent of emissions covered under the ETS depends An emission allowance is a ‘right to emit’ within an on the structure of the economy, the sectoral profile ETS cap-and-trade mechanism imposed by the central of emissions, and the share of large versus small authority. [...] In the first phase, the PAT 5.2 Need for a sustained and deep scheme will be in force, and along with the development engagement on the ETS approach of the offset market, the Monitoring, Reporting and Verification (MRV) guidelines, setup of registry, and a A follow-up to the point highlighted above is that comprehensive governance structure for both offset and there needs to be a sustained engagem.
- Pages
- 16
- Published in
- India
