Source link : https://tech365.info/carbon-removing-india-alliance-indias-carbon-cdr-coverage-replace-h1-2025-cleantechnica/
Help CleanTechnica’s work via a Substack subscription or on Stripe.
Final Up to date on: 1st September 2025, 11:23 am
This text was curated along with Carbon Removing India Alliance (CRIA) — India’s solely sturdy carbon removing (CDR)-focused business coalition.
India’s local weather coverage panorama is present process a pivotal transformation. Latest developments sign a shift from ambition to motion, with foundational frameworks now taking form throughout emissions administration, carbon markets, worldwide cooperation, and local weather finance.
1. Necessary Emission Depth Targets For Excessive-Emission Industries
The Authorities of India has issued draft guidelines beneath the Carbon Credit score Buying and selling Scheme (CCTS), 2023, introducing necessary Greenhouse Fuel Emission Depth (GEI) targets for 5 hard-to-abate sectors: Aluminum, Iron & Metal, Petroleum Refineries, Petrochemicals, and Textiles. Entities that outperform their targets can earn tradable carbon credit, whereas those who underperform should buy credit or face penalties.
This can be a crucial step towards operationalizing India’s carbon market and offering readability to business. The draft notification is open for public feedback for 60 days from its publication.
2. India–Japan Joint Credit score Mechanism (JCM): A Bilateral Enhance For Decarbonization
India and Japan are reportedly finalizing a Joint Credit score Mechanism (JCM) beneath Article 6.2 of the Paris Settlement, enabling…
—-
Author : tech365
Publish date : 2025-09-02 00:36:00
Copyright for syndicated content belongs to the linked Source.
—-
1 – 2 – 3 – 4 – 5 – 6 – 7 – 8