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Prakriti 2025: International Conference on Carbon Markets Concludes with Key Insights
Feb 27, 2025
UN Goodwill Ambassador & Actor Dia Mirza Attends Prakriti 2025
Prakriti 2025, an International Conference on Carbon Markets, successfully concluded, bringing together national and international experts, policymakers, industry leaders, and researchers to discuss global carbon market trends, challenges, and future pathways. The event was organized by the Bureau of Energy Efficiency (BEE) under the patronage of the Ministry of Power and the Ministry of Environment, Forest and Climate Change.
Key Highlights:
- Inauguration: By Hon’ble Minister of Power and Housing & Urban Affairs, Shri Manohar Lal.
- Participation of Dia Mirza: UN Goodwill Ambassador & Actor participated in a fireside chat, emphasizing individual and systemic change in climate action and advocating for the elimination of single-use plastics and a circular economy.
- Insights by Thomas Kerr (World Bank): Discussed the Indian Carbon Market (ICM) and the impact of global carbon pricing policies (such as the EU’s Carbon Border Adjustment Mechanism - CBAM) on Indian industries, particularly steel and aluminum exports.
- Ashok Lavasa (Former Finance Secretary): Spoke on Governance, Transparency, and Accountability in Climate Finance, stressing the need for strong MRV frameworks and strategic market alignment for India's success.
Key Discussion Topics:
- Incentivizing Renewable Energy through Carbon Markets
- Article 6 Developments and India’s Opportunities
- Price Transparency in the Global Carbon Marketplace
- Ecosystem-Based Interventions for Net-Zero Goals
- Climate Tech Startups & Clean Technology Financing
The event witnessed over 600 delegates, 80+ experts, and active participation from Indian ministries, financial institutions, corporates, and international NGOs. Prakriti 2025 reinforced India's commitment to carbon markets, climate finance, and strategic international collaborations in the fight against climate change.