India is party to the United Nations Framework Convention on Climate Change (UNFCCC). The objective of the UNFCCC is to stabilise Greenhouse Gas (GHG) concentrations in the atmosphere at a level that would prevent dangerous human induced interference with the climate system. The convention enjoins upon the parties to communicate to the conference of parties through its Secretariat the following elements of information :
- A national inventory of anthropogenic emission by sources and removal by sinks of all greenhouse gases not controlled by Montreal Protocol, to the extent its capacity permit.
- A general description of steps taken or envisaged by the party to implement the convention.
- Any other information that the party considers relevant to the achievement of the objective of the convention, and
- The Ministry is the executing and implementing agency of the project.
India acceded to the Kyoto Protocol in August 2002 and one of the objectives of acceding to the Kyoto Protocol was to fulfill prerequisites for implementation of Clean Development Mechanisms (CDM) in accordance with the national sustainable priorities. The Kyoto Protocol commits the developed countries, including economies in transition to reduce emissions of greenhouse gases by an average of 5.2 per cent below 1990 levels during 2008-12. A National CDM Authority was approved by the Cabinet in December 2003 and has since started functioning. Meeting of National Clean Development
Mechanism (CDM) Authority was held periodically to consider the CDM Projects for grant of Host Country approval. Till 10 March 2006, the National CDM authority has approved 252 projects in various fields biomass based cogeneration. The Authority has so far approved many projects mainly in the field of Renewable Energy. Municipal Solid Waste, Hydrofluorocarbons (HFCs), Small Hydro and Energy Efficiency, etc. It is expected that implementation of these projects would help in attracting foreign investment as well access to more efficient technologies.