US EditionIndia Moves Towards First Compliance-Based Domestic Carbon Market With Draft Notification
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India Moves Towards First Compliance-Based Domestic Carbon Market With Draft Notification
The notification issued by the MoEFCC underscored the Greenhouse Gas Emission Intensity (GEI) Targets for 2025, applying to sectors such as aluminium, cement, chlor-alkali, and pulp and paper. May 5, 2025 The Ministry of Environment, Forest and Climate Change (MoEFCC) has released a draft notification for the setting up of the country’s first compliance-driven domestic carbon market, marking a significant step towards achieving the nation’s clim…
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