India launched its domestic carbon market in 2023. Here's how foreign investors can participate in this emerging opportunity.
Accountify Editorial Desk
Finance Expert
India's Bureau of Energy Efficiency launched the Indian Carbon Market (ICM) in 2023, creating a regulated carbon trading ecosystem.
The compliance market covers energy-intensive industries (obligated entities). The voluntary market allows any organization to buy/sell carbon credits. Trading through designated exchanges.
Energy Conservation Amendment Act 2022 provides the legal basis. BEE oversees the market. International carbon credits can be traded under bilateral agreements.
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