Many governments prioritise direct emission reductions over offsetting, and some lack the infrastructure to manage carbon markets: Aditi Balbir of EcoRatings
Explainer: A carbon credit is generated by a project that verifiably reduces, removes, or avoids one metric ton of CO₂ or equivalent greenhouse gases.
India warns of retaliation over EU carbon tax
Commerce and Industry Minister Piyush Goyal highlighted India's climate leadership, noting it met its 2030 renewable energy target of 200 GW in 2022—eight years
Climate tech startup raises $1.45 million for digital carbon exchange platform
The funding will propel the launch of the world’s first fully digital, technology-driven exchange and platform for environmental assets.
‘Carbon as a Service’? COP29’s Article 6 adoption brings a new era for carbon markets like SaaS
Smaller economies or nations with low emissions may not have sufficient carbon trading activity to justify the establishment of a dedicated registry.
