Carbon Market

First food: business of taste

Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …

Navigating carbon pricing: the G20 experience and Global South prospects

In the context of India’s 2023 G20 Presidency, this report provides an overview of the experience of carbon pricing across the world. It focuses on the benefits of these instruments, the challenges that impede wider adoption, and the plausible solutions that can lead to the faster uptake of these tools …

Pricing forest carbon

Pricing forest carbon and putting in place the means and channels to pay for it are necessary conditions to achieve the 2030 mitigation goals. Yet, after more than 15 years of discussion, payments for emissions reductions from forests continue to be unreasonably low, both in terms of price and volume. …

A synthesis report: carbon pricing approaches in West Africa

The synthesis report on carbon pricing approaches summarizes the present situation and offers insights into the possible future of carbon pricing in West Africa. It buttresses the continued importance of support from carbon pricing initiatives, included from the Collaborative Instruments for Ambitious Climate Action (CI-ACA) Initiative and reaffirms its dedication …

Framework for voluntary carbon market in agriculture sector

The Ministry of Agriculture and Farmers’ Welfare prepared a framework to promote voluntary carbon market (VCM) in the agricultural sector with a view to encourage small and medium farmers to avail benefits of carbon credit. Introducing farmers to the carbon market will not only benefit them but also accelerate the …

Notification to amend the Carbon Credit Trading Scheme 2023

The Central Government, in collaboration with the Bureau, has introduced amendments to the Carbon Credit Trading Scheme, 2023, as outlined in the Energy Conservation Act, 2001. The key changes focus on an “offset mechanism,” allowing non-obligated entities to register projects for tracking and certifying reductions or avoidance of greenhouse gas …

State and trends of carbon pricing: international carbon markets

As developing nations grapple with the largefinancing needs required to achieve our climate goals, the urgency to mobilize sub stantial capital towards communities, nature, and broader developmental efforts is resoundingly clear. In this context, carbon markets, both under the Paris Agreement and the voluntary carbon market (VCM), can channel much-needed …

Addressing climate change in Malaysia: a critical perspective on carbon pricing

In order to lower the carbon emissions that lead to global warming, Malaysia is considering the deployment of market-based carbon pricing policies such as carbon trading and a carbon tax. This paper, which is based on a memorandum submitted to the Malaysian government, presents a critical assessment of these policies …

Natural climate solutions and fire mitigation: early findings on the path to net zero

What risk do forest fires pose to natural climate solutions and their viability on voluntary carbon markets? This working paper uses novel methods to assess the permanence of natural climate solutions across six case studies in Brazil, Indonesia and Peru. Around the globe, governments and multilateral institutions have implemented policies …

Implications of an emissions trading scheme for India’s net-zero strategy: a modelling-based assessment

India’s emission trading scheme (ETS), dubbed the Carbon Credit and Trading Scheme (CCTS), passed into legislation last year. CCTS will be an extremely important policy instrument in the path to reach net zero in 2070 because it essentially incentivises industrial entities to reduce emissions. However, experience from other nations, particularly …

Demystifying carbon emission trading system through simulation workshops in India

CEEW's effort towards engaging relevant stakeholders in the preparatory phase prior to the establishment of the Indian Carbon Market (ICM) have shown that there is a limited understanding of an Emission Trading System (ETS) among Indian stakeholders and the importance of consistent engagement through capacity-building exercises. For capacity building of …

Carbon and the fate of the Amazon

This publication shows that carbon prices exceeding US$ 20 per ton of CO2 captured by the natural regeneration of deforested areas in the Amazon would be truly transformative for the region’s landscape. Offsets for captured carbon would ensure forest integrity, inducing extensive forest restoration and the capture of 16 Gt …

Policing carbon markets

Carbon markets have emerged in recent decades as one of the most important tools for curbing industrial greenhouse gas emissions, but they present a number of novel enforcement challenges when compared with more conventional pollution regulations. These challenges include new regulators with narrow authority, lack of legal precedent, and more. …

Leveraging carbon markets for cost-efficient emissions reductions in India: practical recommendations for the design and implementation of an effective carbon market

A well-designed and well-integrated carbon market can reduce emissions reduction costs for the industry and help India meet its climate goals along with its economic aspirations. This report provides practical design and implementation recommendations for an effective carbon market in India, bringing together learnings from international carbon markets, India’s experience …

Carbon Credit Trading Scheme, 2023

The power ministry notified the Carbon Credit Trading Scheme, 2023, to develop the domestic carbon market as the country aims at decarbonising the economy and has committed to cut emissions by 45% from the 2005 levels by 2030. The Ministry of Power (MoP) has issued Carbon Credit Trading Scheme, 2023. …

State and trends of carbon pricing 2023

This report provides an up-to-date overview of existing and emerging carbon pricing instruments around the world, including international, national and subnational initiatives. It also investigates trends surrounding the development and implementation of carbon pricing instruments and some of the drivers seen over the past year. Specifically, this includes the use …

The green shift: the low carbon transition of India’s oil & gas sector

This report mainly deals with energy transition issues connected with the oil and gas sector, and energy transition will also significantly impact other sectors like industry, transport, cooking etc. In India, we have large Public Sector Undertakings and some private companies which control most of the energy sector, be it …

Digital tokens for climate action and nature-based solutions: exploration of opportunities and considerations

This report on digital tokens for climate action and nature-based solutions forms a valuable addition to the emerging body of knowledge and is specially intended to inform, inspire, and spur action for new, innovative, and potentially effective ways of providing financial resources and effective action for climate action and the …

Bridging the climate finance gap: catalysing private capital for developing and emerging economies

This publication aims to cover a wide range of issues and opportunities for harnessing greater flows of private capital for climate action. Given the state of the climate emergency, there can no longer be excuses for not utilising every instrument available to facilitate greater financial flows. While the developed world …

Bridging the climate finance gap: catalysing private capital for developing and emerging economies

This publication aims to cover a wide range of issues and opportunities for harnessing greater flows of private capital for climate action. Given the state of the climate emergency, there can no longer be excuses for not utilising every instrument available to facilitate greater financial flows. While the developed world …

Carbon farming in Africa: opportunities and challenges for engaging smallholder farmers

In the debate on climate change and the potential of carbon farming, two aspects are stressed. First, the importance of reaching net‐zero CO2 emissions globally by 2050. Second, the need to transform food systems to address persistently high levels of food insecurity in some global regions, including Africa. Carbon farming …

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