Indian Carbon Market

  • India | News

    MoEFCC proposes GEI targets for carbon market compliance

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    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…

  • Analysis | Features

    India’s Carbon Market Strategy

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      India is redefining its climate policy architecture through carbon pricing, positioning itself as a key player in the global transition toward low-carbon development. With a growing economy and expanding energy demand, India is balancing decarbonisation with development. At the heart of this shift is a strategic mix of regulatory instruments, including carbon markets, voluntary credit mechanisms, and energy efficiency mandates. Together, they signal a structural transformation in how India aligns economic progress with its…