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policy instrument · 2026
Carbon Credit Trading Scheme (CCTS) 2023
Jurisdiction countryIndia
Instrument typecompliance-inclusion
Authoritygovernment
Scopecarbon removal and point-source capture
Statuslegislated
DetailIndia's Central Government and Bureau of Energy Efficiency announced the CCTS 2023, renamed the Principal Scheme. The scheme includes both carbon reduction and carbon dioxide removal (CDR) projects. Obligated organizations and businesses will be provided with emissions reduction targets within a compliance mechanism. Non-obligated entities may apply for Carbon Credit Certificates in an offset mech
Stated statuslegislated
Pathway scopeall-cdr
Pathway notescheme includes removal, reduction, or avoidance projects generally without naming specific pathways
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