Environment & Ecology · Paris Agreement & Carbon Market Mechanisms
Consider the following statements regarding the National Designated Authority (NDA) under the Paris Agreement: I. The National Designated Authority (NDA) has been established by the Ministry of Environment, Forest and Climate Change to facilitate carbon emissions trading in India. II. The establishment of the NDA is a mandatory requirement under Article 6 of the 2015 Paris Agreement. III. The NDA is responsible for authorizing projects using emission reduction units to help India achieve its Nationally Determined Contributions (NDCs). IV. The NDA is chaired by the Vice Chairman of NITI Aayog. Which of the statements given above are correct?
- 1I, II, III and IV
- 2I and III only✓
- 3II and IV only
- 4I, II and III only
Correct answer
I and III only
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