In Short : A Carbon Credit Trading Scheme (CCTS) provides a market-based framework that allows organizations to buy and sell carbon credits to meet emission-reduction goals. By placing a monetary value on carbon emissions, it incentivizes businesses to adopt cleaner technologies, reduce their carbon footprint, and support environmental sustainability while ensuring overall emissions remain within […]
Latest Amendments in Carbon Credit Trading Scheme 2023 – EQ
Latest Amendments in Carbon Credit Trading Scheme 2023- these amendments expand the scope of the scheme by introducing the offset mechanism, allowing non-obligated entities to register projects for reducing greenhouse gas emissions, and specifying the Bureau’s role in defining sectors, methodologies, and standards for this process. For more information please see below link:
India’s carbon credit trading scheme spins a maze of regulatory complexity – EQ Mag
The scheme also necessitates the formation of a National Steering Committee, which will govern and have direct oversight over the functioning of the Indian carbon market To boost the trading of carbon credits in the country, the Ministry of Power has notified the Carbon Credit Market Scheme. This development comes within days of the government […]
Ministry of Power & Ministry of Environment, Forests & Climate Change to develop Carbon Credit Trading Scheme for Decarbonisation – EQ Mag
Indian Carbon Market (ICM) to spur mobilization of investments for transition to low-carbon pathways: Shri Abhay Bakre, DG, BEE ICM to help India in achieving the NDC goal of reducing Emissions Intensity of the GDP by 45 percent by 2030 against 2005 levels The government plans to develop the Indian Carbon Market (ICM) where a […]