Carbon Market

India is developing a domestic carbon market to support emissions reduction and enable companies to meet their climate goals in a cost-effective manner. While carbon markets hold significant potential to mobilise private finance for mitigation, their effectiveness depends fundamentally on transparency, integrity, and accountability.

The Carbon Market Programme focuses on strengthening the governance, design, and operational integrity of carbon markets in India. Through data-driven research, and stakeholder engagement, the programme will enhance transparency and integrity of the carbon market. It will also support the alignment of India’s carbon market with national climate goals, international best practices, and emerging global compliance and voluntary market requirements