This presentation covers carbon trading, including what it is, its key features, history, criticisms, examples, and carbon credit trading in India. Carbon trading allows countries that exceed their emission limits to purchase credits from countries that emit less. It began as a response to the Kyoto Protocol to limit greenhouse gas emissions. However, critics argue that carbon trading does not effectively address climate change and benefits corporate polluters. Major carbon trading schemes exist in countries like Australia, the EU, and Japan. In India, over 30 million carbon credits have been generated and traded.