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Voluntary carbon market: Indian project developers in a sweet spot - The Economic Times

economictimes.indiatimes.com · 1,110 words · saved by 1 readers

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iStock Global climate commitments have jump-started the global voluntary carbon market and it is blooming a spring in India. From a nearly dormant market in 2020, with over-supply and rock-bottom prices of carbon credits, the market jumped nearly four-fold in 2021 and reached well over the $1 billion mark. This trend in the global carbon market follows a clearly noticeable acceleration in climate commitment following the Paris Agreement, reaching a level of frenzy ahead of the COP26 in Glasgow in 2021. Today, over a third of the 2,000 largest publicly traded companies in the world are committe

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