Critically analyse the design and implications of Article 6 of the Paris Agreement for India’s climate strategy. (Answer in 250 words)

Article 6 of the Paris Agreement creates avenues for “voluntary cooperation” to raise ambition—two market-based mechanisms that enable trade in mitigation outcomes and one framework for non-market approaches. For India, these instruments can mobilise finance, technology and co-benefits, yet they also pose risks around equity and environmental integrity.