Post by Observer Research Foundation

#ExpertSpeak | #ORFIndia ♻️ #India’s Carbon Credit Trading Scheme improves on PAT’s design but inherits risks of weak enforcement, flawed verification, and poor price discovery. Past oversupply, delayed compliance, and low penalties undermined market credibility. Without stricter targets, robust monitoring, and credible enforcement, CCTS risks repeating PAT’s failures, limiting real emissions reduction and market effectiveness. Diya Shah explains #India’s Carbon Credit Trading Scheme 👉 https://or-f.org/38446