In a significant stride towards achieving its enhanced climate commitments, India has officially launched an ambitious carbon market framework under the Carbon Credit Trading Scheme (CCTS), 2023. Administered by the Bureau of Energy Efficiency (BEE) and the Ministry of Environment, Forest and Climate Change (MoEFCC), this initiative is a transformative step for India’s industrial and […]
Discover the transformative updates to India’s carbon credit trading scheme in 2023, executed under the purview of the Energy Conservation Act, 2001. In a groundbreaking move, the central government, in collaboration with the Bureau, has introduced substantial amendments, spotlighting an innovative “offset mechanism.” This game-changing development empowers non-obligated entities to actively engage in the carbon
Revolutionizing India’s Carbon Credit Trading: 2023 Reforms Read More »
Plastic pollution and climate change are the biggest environmental challenges of our time. To reduce the impact of these issues, many initiatives have come up in today’s time. Plastic credit and carbon credit are two different things. Plastic Credit focuses on tackling the problem of plastic waste and pollution. This incentivizes efforts to reduce, recycle and manage plastic waste. These credits provide a way for organizations to take responsibility for their plastic consumption and contribute to a more sustainable future.
Plastic Credit vs. Carbon Credit: A Comparative Analysis of Environmental Impact Read More »
Have you heard of carbon credits but aren’t sure what they are or how they work? Read this comprehensive guide to find out all you need to know about them. What Are Carbon Credits? Carbon credits are a way to reduce greenhouse gas emissions by trading or purchasing the right to emit a certain amount
What Are Carbon Credits & How Do They Work? Read More »