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  "notes": "The slide details the lifecycle of a carbon credit project from design to issuance, including specific roles like ICM administrator and accredited carbon verifier.",
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      "text": "Paris Agreement Articles 6.2 and 6.4. India has taken a clear stand under Article 6.2 on using Internationally Traded Mitigation options (ITMO) from selected upcoming technologies which are not yet commercially viable. At the same time, a governance process has been established under the aegis of the Ministry of Environment, Forest and Climate Change (MoEF& CC) to approve ITMOs for approval and accounting of an international transaction of carbon credits. International bi-lateral or multiparty MoU, agreements or treaties are in initials stages and expected to gain momentum with increase in the adoption or transfer of cleaner technologies as specified by the government",
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      "text": "Every project will be registered and have its baseline. For instance, in the case of green hydrogen, the maximum projected emissions of carbon dioxide should be 2 kg per kg of hydrogen, while the baseline is estimated to be 12 kg of carbon dioxide based on grey hydrogen production. Thus, the certificate would recognize the difference of 10 kg as an emission reduction.",
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      "text": "Source: Bureau of Energy Efficiency",
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      "text": "121. https://static.investindia.gov.in/s3fs-public/2024-07/carbon_markets_report_0.pdf",
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      "text": "Figure 46: Project stages for issuance of carbon credit certificates",
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