🇮🇳 India's Climate Action Initiative

Decoding India's
Carbon Market

A bold step towards a greener future through the Carbon Credit Trading Scheme

2070
Net Zero Target
9+
Initial Sectors
1 tCO₂e
Per Credit
2023-24
Baseline Year

Two Pillars of Action

A dual mechanism approach to drive comprehensive emission reductions

Compliance Mechanism

Mandatory program for energy-intensive industries with government-set GHG emission intensity targets. Companies meeting targets earn Carbon Credit Certificates.

Transition from PAT Scheme for 9 initial sectors
Establishes national Emission Trading System
Baseline year: 2023-24 for uniformity

Offset Mechanism

Voluntary project-based mechanism for non-obligated entities. Register emission reduction projects to earn Carbon Credit Certificates.

Phase 1: Energy, Industries, Waste, Agriculture, Forestry, Transport
Fosters growth of Voluntary Carbon Market
Open to SMEs and individual participants

Initial Target Sectors

Energy-intensive industries leading the transition

Cement

Aluminium

Iron & Steel

Fertiliser

Textile

Petroleum

Pulp & Paper

Chlor Alkali

Opportunities on the Horizon

Unlocking potential for sustainable growth and innovation

New Revenue Streams

Earn tradable carbon credits

Green Investments

Attract sustainable project funding

Tech Innovation

Drive cleaner technologies

Global Access

Connect to international markets

📢 Latest Update - April 2025

Emission Targets Announced

MoEFCC released draft notification for Greenhouse Gas Emission Intensity Target Rules, 2025, marking the official implementation kickoff of CCTS 2023.

Compliance Period

2025-26 to 2026-27 (First Cycle)

Initial Sectors

Cement, Aluminium, Chlor-Alkali, Pulp & Paper

"Climate action is no longer a side conversation — it's central to how we do business."

The Path Forward

India's Carbon Credit Trading Scheme is a bold and necessary step towards achieving climate goals and fostering a sustainable future. Join the journey to realize the vision of a greener, more prosperous India.

© 2025 India Carbon Market Initiative | Administered by Bureau of Energy Efficiency

Net Zero India 2070 • Paris Agreement Aligned • CCTS 2023