India finalises 13 activities under 3 heads for trading of carbon credits

Green ammonia approved as alternative material for greenhouse gas mitigation

The Union government has finalised a list of activities to be considered for trading of carbon credits under Article 6.2 mechanism to facilitate transfer of emerging technologies and mobilise international finance in India.

India has also notified the National designated Authority for the Implementation of the Paris Agreement (NDAIAPA) in May 2022.

Overall 13 activities have been finalised under three heads – GHG mitigation activities, alternate materials, and removal activities.

The final list for GHG mitigation includes areas like renewable energy with storage (only stored component), solar thermal power, off- shore wind, green hydrogen, compressed biogas, emerging mobility solutions, high