Answer: Ministry of Environment, Forest and Climate Change
Notes: The Ministry of Environment, Forest and Climate Change (MoEFCC) has established the National Designated Authority (NDA) to implement a carbon emissions trading system in India. . The NDA is a mandatory requirement under Article 6 of the 2015 Paris Agreement, which provides the framework for international carbon trading. The primary purpose of the NDA is to establish and enable a carbon emissions trading regime or carbon market within India. The functions of the NDA include recommending activities for emission reduction unit trading, evaluating and approving projects that reduce carbon emissions, and ensuring alignment with India’s sustainability goals, national priorities, and country-specific criteria.
