Year 2021 marked a pivotal year for the Voluntary Carbon Market (VCM), with transactions reaching $1 billion by early November. The market saw the trade of almost 300 million units. The adoption of rules for Article 6 of the Paris Agreement during COP26 further amplified the market’s prominence. However, as Read more…
In the ever-evolving landscape of climate action, the Voluntary Carbon Market (VCM) emerges as a beacon of hope and a tool for change. Navigating this landscape requires understanding the nuances of carbon credits: both the ones that advocate for emission avoidance and the others that focus on its removal. Carbon 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…
According to the United States Environmental Protection Agency (EPA), the process of managing municipal solid waste (MSW), with separate treatment for recyclable materials, is net-negative in greenhouse gas (GHG) emissions when compared to landfilling. Specifically, there is an additional savings of about 1 tonne of carbon dioxide equivalent (tCO2e) per Read more…
The real estate sector, which is synonymous with high consumption and emission of greenhouse gases, is undergoing a transformation in India. Indian companies have been demonstrating leadership in tackling climate change by committing to net-zero targets. These initiatives fall under four critical domains – net-zero energy, net-zero water, net-zero waste, Read more…
Carbon Neutrality Being carbon neutral means that through a combination of reducing and offsetting carbon emissions, your net contribution of greenhouse gases to the atmosphere is zero. This can seem like a daunting task at first. Many people have concerns about how practical or economically feasible carbon neutrality is for Read more…
Climate change is a looming global challenge that needs our immediate attention. It is vital that everyone, including individuals and corporations, contribute to alleviating the impact. One effective tool to help achieve this is the purchase of carbon credits. But what are carbon credits? In simple terms, a carbon credit Read more…
The Budget 2023 has made several key announcements regarding India’s green growth agenda. Among these, the establishment of regulations for the Green Credits Programme, governed by the Environmental Protection Act, stands out as a significant initiative. This programme aims to mitigate climate change, build adaptive capacity, improve the overall state Read more…
The Green Credit Scheme, an innovative initiative by the Ministry of Environment, Forest and Climate Change, India, has been designed to encourage sustainable practices across various sectors. The first category of this scheme, the Tree Plantation-based Green Credit, aims to enhance the green cover across the country through tree plantation Read more…
It’s an undeniable fact – the world is warming, and it’s largely due to human activities. Thankfully, nations around the globe are taking active steps to curb greenhouse gas emissions, and India is no exception. At the heart of this environmental commitment in India lies the Bureau of Energy Efficiency Read more…