Sustainability and carbon market news
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From companies' net zero journeys and ESG reporting to evolving frameworks like CSRD and SBTi, explore the trends and regulatory changes driving corporate sustainability worldwide.
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Carbon markets
India
Asia
Article 6
The Carbon Markets Association of India (CMAI) has launched a marketplace for Article 6 of the Paris Agreement. The platform gives organisations a single point of access for participating in international carbon markets. A man participating in the CMAI webinar from his office in India. AI generated picture. CMAI named the platform the 'Article 6 Carbon Bazaar'. The bazaar brings together Indian project developers, private and public buyers, investors, technology providers, carbon market service providers, and environmental financiers. By...
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Carbon markets
Governments
India
India is set to establish its own carbon market by mid-2026, a move expected to help industries transition towards cleaner energy and align with global emission standards. Power Minister Manohar Lal confirmed the timeline, emphasising that the...
Carbon markets
Cookstoves
India
Paris Agreement
India has expanded its list of eligible projects under the Paris Agreement's Article 6 mechanisms to include clean cooking initiatives. This addition, made public by the government on 7 June, joins the initial 13 activities under Article 6.2. Indian...
Sustainability
Water Conservation
India
Water Credits
India’s leading bottled water company, Bisleri International, has introduced a pioneering framework to create water credits for the beverage industry. This initiative aims to enhance accountability for water use among beverage manufacturers....
Carbon credits
Net zero
Green bond
India
India is set to significantly increase its financial commitment to green initiatives in the coming fiscal year. A senior official revealed an impressive 44% rise in the budget for eco-friendly projects and schemes, utilising the proceeds from...
Carbon credits
Agroforestry
Agriculture
Sustainable Agriculture
India
Sustainable land management
Uttar Pradesh, India, is pioneering a groundbreaking agroforestry policy that would be a first in the country. The policy promises to significantly boost farmers' income by harnessing the potential of carbon credits generated by the species planted...
Biodiversity
Investment
Nature-based solutions
India
Asia
Amazon, the global e-commerce giant, has pledged $3 million towards nature-based projects in India as part of its $15 million fund allocated for projects in the Asia Pacific (APAC) region. The collaboration with the Centre for Wildlife Studies (CWS)...
Carbon credits
Carbon markets
India
India unveiled a draft plan for a carbon credit trading scheme, seeking input from stakeholders until April 14th, as part of the country's efforts to establish a carbon credit market. The Energy Conservation (Amendment) Bill, passed in December,...
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