๐๐ฑ๐๐ข๐ญ๐ข๐ง๐ ๐๐๐ฐ๐ฌ ๐๐จ๐ซ ๐๐ง๐๐ข๐'๐ฌ ๐๐ซ๐๐๐ง ๐ ๐ฎ๐ญ๐ฎ๐ซ๐!ย
- Cยฒ Team
- Oct 28
- 2 min read
The ๐ด๐๐๐๐๐๐๐ ๐๐ ๐ฌ๐๐๐๐๐๐๐๐๐๐, ๐ญ๐๐๐๐๐ ๐๐๐ ๐ช๐๐๐๐๐๐ ๐ช๐๐๐๐๐ (๐ด๐๐ฌ๐ญ๐ช๐ช) has officially rolled out the ๐บ๐๐๐๐โ๐๐ข๐ ๐ ๐บ๐๐ ๐๐ ๐ธ๐๐๐ ๐ ๐๐๐ ๐ผ๐๐ก๐๐๐ ๐๐ก๐ฆ ๐๐๐๐๐๐ก ๐ ๐ข๐๐๐ , 2025. This is a big step towards a greener and more sustainable future for our country.
๐๐ก๐จ ๐ข๐ฌ ๐๐ก๐ข๐ฌ ๐ ๐จ๐ซ?
The new rules apply to specific businesses, referred to as "obligated entities," in the following sectors:
๐ ๐จ๐๐๐๐๐๐๐ ๐ ๐ช๐๐๐๐๐ ๐ ๐ช๐๐๐๐-๐๐๐๐๐๐ ๐ ๐ท๐๐๐ ๐๐๐ ๐ท๐๐๐๐ย
๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฐ ๐๐ฎ๐ฅ๐๐ฌ
โก๏ธ ๐ฌ๐๐๐๐๐๐๐ ๐ป๐๐๐๐๐๐: Specific greenhouse gas emission intensity targets are now set for each "obligated entity". These are detailed in sector-specific schedules for the 2025-26 and 2026-27 compliance years.
โก๏ธ ๐ช๐๐๐๐๐ ๐ช๐๐๐ ๐๐ ๐ช๐๐๐๐๐๐๐๐๐๐๐:ย Entities that outperform their emission targets will be issued Carbon Credit Certificates. These certificates can be traded, creating a market-based mechanism for emissions reduction.
โก๏ธ ๐ช๐๐๐๐๐๐๐๐๐ & ๐ท๐๐๐๐๐๐๐๐: Businesses are required to meet their annual emission targets, covering any shortfall by surrendering banked or purchased carbon credit certificates. Failure to comply will trigger an "๐๐๐ฃ๐๐๐๐๐๐๐๐ก๐๐ ๐๐๐๐๐๐๐ ๐๐ก๐๐๐" order from the Central Pollution Control Board, with a penalty set at twice the average trading price of a carbon credit certificate for that compliance year.
โก๏ธ ๐ด๐๐๐ ๐๐๐๐๐ ๐น๐๐๐๐๐๐๐๐๐๐๐:ย All affected entities must register on the portal under the Indian Carbon Market Framework.
๐๐ก๐๐ญ ๐๐ก๐ข๐ฌ ๐๐๐๐ง๐ฌ ๐๐จ๐ซ ๐๐จ๐ฎ๐ซ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ?
1. ๐ต๐๐ ๐น๐๐๐๐๐๐ ๐๐๐ ๐ฎ๐๐๐๐ ๐ณ๐๐๐ ๐๐๐: Exceed your GHG targets and you'll earn tradable Carbon Credit Certificates. This allows you to directly monetize your sustainability investments.
2. ๐ช๐๐๐๐๐๐๐๐๐ ๐๐ ๐ต๐๐-๐ต๐๐๐๐๐๐๐๐๐: Fall short and you must purchase credits to cover the deficit. Registration on the Indian Carbon Market portal is mandatory, with the first compliance year starting in 2025-26.
3. ๐บ๐๐๐๐ ๐ท๐๐๐๐๐๐๐๐ ๐๐๐ ๐ฐ๐๐๐๐๐๐๐: Non-compliance will result in an "environmental compensation" penalty from the Central Pollution Control Board, equal to twice the average market price of a carbon credit for that year.
๐โ๐ ๐๐๐ ๐๐ ๐กโ๐ ๐ฐ๐๐ ๐๐๐ ๐ช๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐๐ โ๐๐๐. ๐ผ๐ ๐ฆ๐๐ข๐ ๐๐๐๐๐๐๐ง๐๐ก๐๐๐ ๐๐๐ ๐๐ก๐๐๐๐๐ ๐ก๐ ๐กโ๐๐๐ฃ๐?
๐ ๐๐จ๐ง๐ง๐๐๐ญ ๐ฐ๐ข๐ญ๐กย Cยฒ (Csquare)ย ๐ญ๐จ ๐ ๐๐ญ ๐ฌ๐ญ๐๐ซ๐ญ๐๐!ย
โ๏ธ ๐ข๐ง๐๐จ@๐๐ฌ๐ช๐ฎ๐๐ซ๐.๐๐จ.๐ข๐ง

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