Instruments & Regulations

India finalises 13 activities under 3 heads for trading of carbon credits

Dishant Rathee

Notable because

This list of activities eligible to generate credits for carbon trading under Article 6.2 is expected to attract investments from international sources and facilitate the adoption of emerging technologies. It has the potential to close the investment gap of USD 3.5 trillion that India will face in achieving net-zero by 2070.

What to look out for in the months ahead

Japan and Singapore have expressed interest in cooperating with India under Article 6.2. It will be interesting to note which other countries will follow suit and, out of the 13 activities, which activities will attract the most investment.