SF Prep Notes

Indian Carbon Market Portal launched at Prakriti 2026 conference on carbon markets

On 21 March 2026 Union Power Minister Manohar Lal launched the Indian Carbon Market Portal, the central platform for running the Indian Carbon Market, at Prakriti 2026, the international conference on carbon markets organised by the Bureau of Energy Efficiency.

Summary

Prakriti 2026, the International Conference on Carbon Markets organised by the Bureau of Energy Efficiency (BEE) under the Ministry of Power and the Ministry of Environment, Forest and Climate Change, opened in New Delhi as part of the Bharat Electricity Summit 2026. Its theme was 'Unlocking Carbon Finance for NDC Implementation through Global Partnerships and Digital Pathways'. Manohar Lal launched the Indian Carbon Market Portal (indiancarbonmarket.gov.in) as the central platform for implementing and administering the Indian Carbon Market. He said the Carbon Credit Trading Scheme has nine notified methodologies and over 40 registered entities submitting projects in biogas, hydrogen and forestry, and that GEI targets have been notified for nearly 490 obligated entities across seven energy-intensive sectors.

Key facts

Launched
Indian Carbon Market Portal, 21 March 2026
Event
Prakriti 2026 – International Conference on Carbon Markets
Organiser
Bureau of Energy Efficiency
Theme
Unlocking Carbon Finance for NDC Implementation through Global Partnerships and Digital Pathways
CCTS offset side
9 notified methodologies; 40+ registered entities
Compliance side
GEI targets for ~490 obligated entities in 7 sectors

Practice MCQs 3 questions

Q1

Prakriti 2026, at which the Indian Carbon Market Portal was launched, was organised by:

Show answer

Correct answer: D — Bureau of Energy Efficiency

Prakriti 2026, the International Conference on Carbon Markets, was organised by the Bureau of Energy Efficiency.

Q2 Advanced

According to the Power Minister on 21 March 2026, GEI targets have been notified for about how many obligated entities under the Carbon Credit Trading Scheme?

Show answer

Correct answer: B — About 490

GEI targets have been notified for nearly 490 obligated entities across seven energy-intensive sectors.

Q3 Advanced

Consider the following about the Carbon Credit Trading Scheme as described on 21 March 2026: 1. It has nine notified methodologies on the offset side. 2. Compliance targets cover obligated entities across twelve energy-intensive sectors. Which of the above is/are correct?

Show answer

Correct answer: A — 1 only

There are nine notified methodologies; compliance targets cover about 490 entities across seven, not twelve, energy-intensive sectors.

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