Report · May 2023
The Indian carbon market
By Arshiya Bhutani
Summary
How India's planned carbon market, with a compliance market and an offset market, will take in the existing Perform, Achieve and Trade (PAT) and Renewable Energy Certificate (REC) schemes, and how the move will be phased.
Key points
- 1A compliance market and an offset market.
- 2What happens to PAT and RECs.
- 3A phased transition, and how it will run.
