Tag: Carbon Credit Trading Scheme

U.K. recognises India’s carbon credit scheme under its carbon tax mechanism: official

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U.K. recognises India’s carbon credit scheme under its carbon tax mechanism: official

Representative image | Photo Credit: Getty Images/iStockphotos In a major breakthrough, the U.K. has recognised India’s Carbon Credit Trading Scheme as a qualifying criterion for pricing relief under its carbon border adjustment mechanism (CBAM), a move that would reduce the tax burden on domestic exporters, an official said on Monday (September 7, 2026). In a…

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Making India’s climate taxonomy framework work

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Making India’s climate taxonomy framework work

In May this year, the Ministry of Finance released India’s draft Climate Finance Taxonomy for public consultation. As a foundational tool, the taxonomy aims to mobilise climate-aligned investments, prevent greenwashing, and clarify for investors which sectors, technologies and practices contribute to mitigation, adaptation, or transition. Importantly, the document calls itself a “living” framework, adaptable to…

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