kyoto protocol & its impact on india
DESCRIPTION
the project discusses about the policies of kyoto protocol, its happenings, carbon trade & role of india in itTRANSCRIPT
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KYOTO PROTOCOLAnd impact on India
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Presented By
• Gaurav Modak – 41
• Hardik Mehta – 43
• Harminder Singh Jabal – 45
• Harshal Gala – 47
• Harshit Pandya – 49
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We will Talk About
• Global Warming
• Kyoto Protocol and Mechanisms
• Role of India
• Measures and Policies
• Current Affairs
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Global Impacts & Implication
Hurricanes
Diseases
Polar ice melt
Deaths from global warming
Rise in Sea level.
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Climate Change
Rapid Industrial Growth
Increased energy consumption
Increased CO2 and other GHG emissions
Global Warming due to increased concentration of GHG
Increased Sea Level
Changes in wind and precipitation
Changes in Crop yields
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Global warming potential of GHG
Carbon dioxideGWP: 1
Carbon dioxideGWP: 1
HydrofluorocarbonsGWP: 11,700
HydrofluorocarbonsGWP: 11,700
MethaneGWP: 21
MethaneGWP: 21
Sulphur hexafluorideGWP: 23,900
Sulphur hexafluorideGWP: 23,900
Nitrous oxide
GWP: 310
Nitrous oxide
GWP: 310
PerfluorocarbonsGWP: 9,200
PerfluorocarbonsGWP: 9,200
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Global Institutions
• IPCC
• UNEP
• UNFCC
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(UNFCC)United Nations Framework
Convention on Climate ChangeWhat is UNFCC?
How was it formed?
The International Treaty
Signatories to the UNFCCC Annex 1 countriesAnnex 2 countriesNon-Annex countries
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Kyoto Protocol
• International Treaty
• Objective – Lower Overall GHG Emissions
• Annex – 1 Countries
• Annex – 2 Countries
• Non – Annex 1 Countries
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Kyoto Timeline
• 1979 – Science panel preview warming• 1990 – IPCC Report• 1995 – IPCC 2nd Report• 1997 – Tentative success in Kyoto• 2001 – 3rd IPCC Report• 2004 – Kyoto Ratified• 2005 – The Kyoto Protocol Enters Into
Force
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Time Line continued
• 2008 – On The Road To Copenhagen• 2009 – Deadline For ‘Kyoto 2’• 2011 – Durban - COP
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Kyoto Mechanisms
• Three Mechanisms
– Joint Implementation
– Clean Development Mechanism
– International Emission Trading
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Joint Implementation
• JI – Earning of ERUs(Emission Reduction Units)
• Eligibility Criteria
• Two Procedures:-– Track 1– Track 2
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What is CDM?
• Clean Development Mechanism • A Flexibility Mechanism• CERs - standardized emissions offset
instrument• 2 Objectives
– to help developed countries fulfil their commitments to reduce emissions
– to assist developing countries in achieving sustainable development.
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CDM
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Areas of Project
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Emissions Trading
• IET – International Emissions Trading• Monetary value to the cost of polluting the
air• Has place in Balance Sheet• Currently there are six exchanges trading
in carbon allowances - the Chicago Climate Exchange, European Climate Exchange etc.
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How it works?
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Bogus Carbon Trading
• EU established Emissions Trading Scheme in 2005
• Carousel fraud• New & improved fraud• Government actions• Challenges ahead
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Indian scenario
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Indian Scenario
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State wise registered CDM projects
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Carbon markets
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Carbon Trading in India
• Examples– Jindal Vijayanagar Steel– Powerguda in Andhra Pradesh– Handia in Madhya Pradesh
• Legal aspects of carbon trading– FMC launched carbon credit future contact– MCX started future trading on 4 Jan 2008
after Govt of India recognized carbon credits as commodities.
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The National Action Plan
• National Solar Mission• National Mission for Enhanced Energy
Efficiency• National Water Mission• Green India Mission• National Mission for Sustainable Agriculture• National Mission on Strategic Mission on
Climate Change
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Current affairs ( kyoto protocol & carbon trading )
• Climate talks offer no help to poor nations• Durban Talks
• 12480 participants• 5400 government officials• 5800 representatives of UN bodies and agencies• Others more than 1200 members of the media
• Canada withdraws from the kyoto protocol• Analysis calculates loss to Canadian economy from
pulling out of Kyoto.• Jayanthi Natarajan terms Canada's withdrawal from
Kyoto pact as violation of the climate change pact
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Continued…
• Ecologists to Challenge Kyoto Refusal• Stern Says Durban Conference A
Success• India lost the plot at Durban• What U.N. climate talks agreed in Durban
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Conclusion
• India – one of the biggest markets in emissions trading
• common but divided responsibility• Long sustainability• Climate talks offer no help to poor nations• Participation of countries like India may
help in rupee appreciation
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THANK YOU