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India lays ground rules for its upcoming compliance carbon market

November 11, 2023 Comments Off

India has laid ground rules to operationalize its compliance carbon market, sorting out how emission allowances will be issued and traded to pave the way for the market’s official launch, the country’s Bureau of Energy Efficiency (BEE) said in a document titled “Detailed Procedure for Compliance Mechanism under the Indian Carbon Market” on Nov. 8. India is the second largest…