NDAIAPA finalises activities for trading of carbon credits.

India has finalised a list of activities for trading carbon credits under Article 6.2 mechanism, which focuses on carbon trading through bilateral/cooperative approaches and international market mechanisms.

The National Designated Authority for the Implementation of the Paris Agreement (NDAIAPA) has been mandated to make decisions on the type of projects eligible for international carbon market participation under Article 6 mechanisms.

The list includes GHG mitigation activities, alternate materials and removal activities.

1. GHG Mitigation Activities:
   1. Renewable energy with storage (only stored component)
   2. Solar thermal power
   3. Off- shore wind
   4. Green Hydrogen
   5. Compressed bio-gas
   6. Emerging mobility solutions like fuel cells
   7. High end technology for energy efficiency
   8. Sustainable Aviation Fuel
   9. Best available technologies for process improvement in hard to abate sectors
   10. Tidal energy, Ocean Thermal Energy, Ocean Salt Gradient Energy, Ocean Wave Energy and Ocean Current Energy
   11. High Voltage Direct Current Transmission in conjunction with the renewal energy projects
2. Alternate Materials:
   1. Green Ammonia
3. Removal Activities:
   1. Carbon Capture Utilization and Storage

These activities will enable the transfer of emerging technologies and international finance mobilization in India. The activities will initially be for first 03 years and may be updated/revised by NDAIAPA.