Introduction to Voluntary Carbon Markets (VCM) In the global quest to combat climate change and reduce carbon emissions, Voluntary Carbon Markets (VCM) have emerged as a pivotal player. Unlike their compliance market counterparts, VCMs are not governed by regulatory mandates but are driven by individuals and organizations with a shared Read more…
Factors Influencing the Price of Voluntary Carbon Credits The voluntary carbon credit market operates outside the regulatory bounds of government-mandated systems, allowing corporations and individuals to offset their carbon emissions willingly. Within this ecosystem, the prices of carbon credits fluctuate substantially, subject to multiple factors: Deciphering the Pricing Range Voluntary Read more…
Introduction to Voluntary Carbon Markets The voluntary carbon market stands apart from governmental regulatory frameworks, characterized by businesses and individuals proactively purchasing carbon offsets to diminish their greenhouse gas (GHG) emissions. Motivations behind such voluntary actions range from a genuine desire for ecological learning, enhancing public image, or in anticipation Read more…
The European Union – Emissions Trading System (EU-ETS), since its inception, has been a benchmark in showcasing how nations can tackle the ever-pertinent issue of climate change collectively. Let’s delve into the intricate aspects of this system by examining the price ranges of allowances over its various phases and elucidate Read more…
In today’s evolving global landscape, addressing environmental concerns is of paramount importance. One of the prominent efforts in this direction is the European Union – Emissions Trading System (EU-ETS). Introduced in 2005, the EU-ETS serves as a beacon for how nations can collectively work towards combating climate change. Understanding the Read more…
India’s efforts in combating climate change have taken a revolutionary turn with the introduction of the Voluntary Carbon Market (VCM). Aiming to fulfill the Nationally Determined Contribution (NDC) under the Paris Agreement, the foundation for this ambitious project is built upon the pre-established PAT program. This article delves into the Read more…
The energy landscape is rapidly evolving with ESCerts (Energy Saving Certificates) becoming an integral part of energy-saving initiatives. ESCerts play a pivotal role in incentivizing energy efficiency and carbon emission reductions. 1. ESCerts Issuance and Relevance The Mechanism of IssuanceThe Central Government undertakes the issuance of ESCerts. When a Designated Read more…
India has always been at the forefront of energy conservation, a commitment evident in the establishment of the Perform Achieve and Trade (PAT) scheme. Instituted under the Bureau of Energy Efficiency’s oversight, this programme is an innovative approach to ensure energy efficiency across different industrial sectors. This article delves into Read more…
Carbon Credits: Laying the Groundwork India is at the forefront of embracing sustainability, with Carbon Credits marking its keystone initiative. These credits operate within the cap-and-trade system, where each credit equates to one tonne of CO2, thus offering a tangible value to carbon emissions. This not only underlines the economic Read more…
Introduction The financial sector has been a driving force behind the evolution of off-grid solutions, particularly in the realm of Distributed Energy Resources (DER). While substantial progress has been made, there remains a vast reservoir of untapped potential and unexplored opportunities. In this article, we delve into the status and Read more…