In Short : India’s carbon credit prices are set to rise with the rollout of the Carbon Credit Trading Scheme (CCTS), expected by 2026. Covering key industrial sectors, the scheme will issue carbon credit certificates to encourage emissions reduction. Initial prices may start at $10 per ton, with further growth likely as demand increases, supporting […]
In Short : India will launch its carbon market by 2026 to help industries meet global emission standards. Companies can trade carbon credits, rewarding cleaner energy use. The Bureau of Energy Efficiency will regulate it, covering multiple greenhouse gases. This move aligns with global climate goals and supports exporters facing carbon regulations like the EU’s […]
In Short : The Indian Carbon Market (ICM) supports emissions reduction through trading carbon credits. It includes compliance for industries under government-set caps and voluntary offsets for individuals and businesses. Governed by a national committee, the ICM drives renewable projects and aligns with India’s Paris Agreement goals, targeting net-zero emissions by 2070. In Detail : […]
New Delhi [India] : Energy exchange platform Indian Energy Exchange on Tuesday said it has incorporated a subsidiary to explore business opportunities in the voluntary carbon market. The wholly-owned subsidiary company is named International Carbon Exchange Private Limited (ICX). According to a statement by IEX, the new entity will enable participants to buy and sell […]
India’s green energy companies, such as Adani Greens, and carbon offsetters like EKI Energy Services, have come together to develop a carbon credit market to help achieve energy transition goals India is one of the world’s biggest greenhouse gas emitters and it aims to reach net zero emissions by 2070. Prime Minister Narendra Modi wants […]
Danish scale-up CarbonClear featured as a commitment maker at high profile Clinton Foundation event to future-proof the carbon market with their technology-powered solution. COPENHAGEN, Denmark : At the Clinton Global Initiative (CGI) 2022 meeting in New York on the 19th of September 2022, Danish scale-up CarbonClear presented their Commitment to Action: To transform the carbon […]
1.Tell us about your journey in the industry of climate change and renewable energy. I’ll start with telling about our organization which I started in 2008-09. Back then in India, there were not many consultants in the climate change industry. Before I started my own consultancy company, I worked in an audit company- SGS. There […]