MoEFCC proposes GEI targets for carbon market compliance
The Ministry of Environment, Forest and Climate Change (MoEFCC) has released a draft notification on 23 June 2025, setting greenhouse gas emission intensity (GEI) targets for 118 industrial units. These targets are part of the compliance mechanism under the Carbon Credit Trading Scheme, 2023. The notification outlines how obligated entities—mainly from the aluminium and steel sectors—will need to reduce their emissions intensity over time. GEI is measured in tonnes of CO₂ equivalent per unit of…