Thursday, 14 December 2023 13:50

Can green and carbon credits drive investment opportunities in rural India?

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India is facing a surge in extreme climate events and insufficient global climate action. The Carbon Credit Trading Scheme (CCTS) and the Green Credit Plan (GCP) were launched under the "Environmentally Friendly Lifestyle" initiative to promote sustainable development and reduce carbon emissions. The CCTS aims to create an Indian carbon market that is aligned with India’s emission reduction targets and vision to achieve net-zero emissions by 2070. GCP focuses on restoring natural resources and building resilience, especially in rural India. These initiatives provide businesses with the opportunity to invest in climate and sustainability measures.

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