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_________ becomes India's first carbon-neutral power exchange.
A)
GMM Pfaudler Ltd.
B)
Indian Energy Exchange (IEX)
C)
Central Depository Services
D)
Computer Age Management Services

Correct Answer :   Indian Energy Exchange (IEX)


Indian Energy Exchange (IEX) has become first carbon-neutral power exchange of India, using market based tradable instruments to offset its carbon emissions.

To reduce carbon footprint, IEX has voluntarily cancelled CERs (certified emissions reductions) from clean projects registered under the Clean Development Mechanism, UNFCCC.

As per the UNEP 2022 report, global greenhouse gas emissions must be cut 45% by 2030 to get on track to limit global warming to 1.5 degrees..

Source : Mint

Published On : December 17, 2022
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