The
first webinar in the second phase of the Talk Series held on 17 November 2022,
focused on carbon credit project opportunities in Modern Energy Based Cooking.
There is an increasing market demand for carbon credits from projects across
the world that provide benefits such as improved health outcomes, biodiversity
enhancement, gender equality, etc. However, Indian carbon producers, especially
in the MSME sector, cannot reap the benefits due to poor awareness about
climate/carbon financing mechanisms, limited technical capacity to design and
implement carbon projects, lack of clarity on fair price sharing and legal
arrangements, etc. In this session, the focus was given on the need and
methodologies of enabling and integrating the small and medium-scale device
manufacturers to effectively and actively take benefits of carbon financing to
bring down the cost of devices and make them more competitive and
simultaneously benefit from the voluntary carbon market.