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Centre forms high-level ministerial panel for implementation of Paris Agreement

Our Bureau New Delhi | Updated on December 02, 2020 Published on December 02, 2020

The apex committee will also serve as a regulator of carbon markets

The Ministry of Environment, Forest and Climate Change (MoEFCC) has constituted a high-level inter-ministerial Apex Committee for Implementation of Paris Agreement (AIPA). This committee is under the chairmanship of Secretary, MoEFCC.

An official statement said that this move re-affirms India’s seriousness to ‘walk the talk’ on climate change. The purpose of AIPA is to generate a coordinated response on climate change matters that ensures India is on track towards meeting its obligations under the Paris Agreement including its Nationally Determined Contributions (NDC).

Senior officials from fourteen ministries will serve as Members to AIPA who will oversee the progress in implementation of India’s NDC and receive periodic information updates to monitor, review and revisit climate goals to fulfil the requirements of the Paris Agreement, the statement added.

Carbon trading

The AIPA would also be operating as a National Authority to regulate carbon markets in India under Article 6 of the Paris Agreement, formulate guidelines for consideration of projects or activities under Article 6 of the Paris Agreement, issue guidelines on carbon pricing, market mechanism, and other similar instruments that have a bearing on climate change and NDCs. It will take note of the contributions of the private sector as well as multi-/bi-lateral agencies in the field of climate change and provide guidance for aligning their climate actions with national priorities.

“The coming year 2021 would mark the beginning of implementation of the Paris Agreement and constitution of AIPA is central to strengthening the national systems and institutional arrangements for implementation and monitoring of climate actions. It will also ensure that India maintains its climate leadership as one the few countries in the world whose climate actions are consistent with the goals of the Paris Agreement,” the statement said.

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Published on December 02, 2020
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