Carbon Credit Trading Scheme (CCTS)

What it is

A newly launched policy instrument unique to India, relevant for emissions trading policy analysis. CCTS establishes tradable emissions allowances, providing financial incentives for companies to lower emissions and rewarding efficient actors, thereby supporting compliance and market engagement in India’s climate policy objectives.

Why it matters

CCTS establishes tradable emissions allowances, providing financial incentives for companies to lower emissions and rewarding efficient actors, thereby supporting compliance and market engagement in India’s climate policy objectives.

How it connects

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