| Category | Details |
|---|---|
| Event | Government notified GEI targets for additional carbon-intensive sectors under the Carbon Credit Trading Scheme (CCTS) in January 2026. |
| Key Highlights | - Expands coverage of the Indian Carbon Market. - Brings 208 new obligated entities into the compliance framework. - Total obligated entities under the scheme now stand at 490. |
| About GEI Targets | - Greenhouse Gas Emission Intensity (GEI) refers to the amount of greenhouse gas emissions produced per unit of output. - Focuses on improving efficiency by reducing emissions intensity, allowing industries to grow while lowering their carbon footprint. |
| Regulatory Framework | - Notification issued by the Ministry of Environment, Forest and Climate Change. - Entities outperforming GEI targets can earn carbon credits. - Entities falling short must purchase credits. |
| Indian Carbon Market | - Operates on the principle of tradeable carbon credits. - One carbon credit represents the reduction or removal of one tonne of carbon dioxide equivalent. - Encourages cleaner production and investment in low-carbon technologies. |
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