New Carbon Credit Trading Rules

India has launched new carbon credit trading guidelines to strengthen its carbon market and reduce greenhouse gas emissions. The Bureau of Energy Efficiency (BEE) introduced two key guidelines: compliance procedures for companies and accreditation standards for verification agencies. These guidelines aim to improve transparency and accountability in carbon trading, aligning with India's climate goals to cut emission intensity by 45% by 2030 and achieve net-zero emissions by 2070. Efforts will include workshops and education to help industries comply with the new rules, contributing to India's broader climate strategy.