The UNDP Administrator hailed the carbon market framework and the $300 billion pledged by developed nations as affirmations of the Paris Agreement's commitment.
Adani Greens, EKI Energy Services and Hero Future Energies are some of the names that will aim to act as mediator between govt and industry and facilitate trade of carbon credits.
Elsewhere, the creation of a carbon market has been informed by constructive debates between industry and civil society. In India, people just don't care.
As climate warnings become more severe, the focus is shifting from creating more green power toward stopping emissions, putting a harsher spotlight on China.
UCBs accounted for 1.8% of total industry credit in September 2025—down from 2.2% five yrs ago—showing that they are losing ground to faster PSU banks.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
COMMENTS