Carbon

Carbon Emission

The Kyoto Protocol of 1997 and the Paris Agreement of 2015 were international accords that laid out international CO2 emissions goals. With the latter ratified by all but six countries, they have given rise to national emissions targets and the regulations to back them. With these new regulations in force, the pressure on businesses to find ways to reduce their carbon footprint is growing. 

JMESPL provides consultation services to ensure your enterprise achieves the Net Zero Carbon criteria within the prescribed parameters by providing creative solutions including but not limited to Carbon Trading and Net Zero Carbon Implementation Plan specifically catered to your enterprise needs.

NAVIGATE GREEN CREDITS, ACHIEVE ENVIRONMENTAL GOALS

CLIMATE CHANGE FUNDAMENTALS

Gain a comprehensive understanding of the science behind carbon emissions, their practical impacts, and the challenges of climate change.

EMISSION REDUCTION STRATEGIES

Explore a range of cutting-edge technologies and practical strategies for mitigating carbon footprint across various industries.

POLICY LANDSCAPE ANALYSIS

Decipher the intricacies of policy frameworks and international agreements related to net zero goals, ensuring alignment with government mandates.

GREEN CREDIT EARNING MECHANISMS

Master the processes for acquiring Green Credits through initiatives like tree plantation, water conservation, air & waste management, and green development projects.

SUSTAINABILITY MEASUREMENT TOOLS

Learn methodologies for calculating carbon footprints and carbon credits, enabling effective measurement and reporting on environmental impact.

Carbon Trading

Most of today’s interim solutions involve the use of the carbon markets. What the carbon markets do is turn CO2 emissions into a commodity by giving it a price. These emissions fall into one of two categories: Carbon credits or carbon offsets, and they can both be bought and sold on a carbon market.
Carbon credits, also known as carbon allowances, work like permission slips for emissions. When a company buys a carbon credit, usually from the government, they gain permission to generate one ton of CO2 emissions. With carbon credits, carbon revenue flows vertically from companies to regulators, though companies who end up with excess credits can sell them to other companies.

Offsets flow horizontally, trading carbon revenue between companies. When one company removes a unit of carbon from the atmosphere as part of their normal business activity, they can generate a carbon offset. Other companies can then purchase that carbon offset to reduce their own carbon footprint.

Furthermore, with the GOI’s policy of Green Credit Program (GCP) there is a new avenue of environmentally sustainable business introduced to the country. The Green Credit Rules have been notified by the Government of India on 12th October 2023 under the Environment Protection Act, 1986, as mechanism to encourage voluntary plantation activity across the country, resulting in award of Green Credits and to build an inventory of degraded land which can be utilized for Afforestation programs. Green Credits are similarly tradeable to carbon credits.

Net Zero Carbon Implementation Plan

Net zero is intrinsically a scientific concept. If the objective is to keep the rise in global average temperatures within certain limits, physics implies that there is a finite budget of carbon dioxide that is allowed into the atmosphere, alongside other greenhouse gases. Beyond this budget, any further release must be balanced by removal into sinks. However, net zero is much more than a scientific concept or a technically determined target. It is also a frame of reference through which global action against climate change can be (and is increasingly) structured and understood.

JMESPL team evaluates the entire product life cycle to determine the level of carbon emissions and focal points to mitigate. This is an extensive study which requires the team to dive into the life cycle assessment of every single product from gate to gate. We utilize the expertise of our elaborate board of advisors to further extrapolate the necessary measures to incorporate in the process to reduce carbon emissions and move towards Net Zero Carbon.