Answer: Bureau of Energy Efficiency (BEE)
Notes: Recently, the Indian government announced greenhouse gas (GHG) emissions intensity targets for entities in eight heavy industrial sectors under the Carbon Credit Trading Scheme (CCTS). It is a market-based framework to regulate and trade carbon credits. It assigns monetary value to GHG emissions, promoting a shift to a low-carbon economy. The scheme moves focus from energy efficiency (Perform, Achieve, Trade - PAT Scheme) to GHG intensity reduction. It is implemented by the Bureau of Energy Efficiency (BEE). It is governed by the National Steering Committee for Indian Carbon Market (NSCICM) for transparency and accountability.
