Carbon Credit Trading Scheme (CCTS)

Ministry

MoEFCC

New Sectors Added

• Petroleum Refineries

• Petrochemicals

• Textiles

• Secondary Aluminium

Total Obligated Industries

490

GEI (Greenhouse Gas Emission Intensity)

Measures emissions per unit of production.

Carbon Credit Mechanism

• Lower emissions → Earn Carbon Credits

• Higher emissions → Purchase Credits

Target

Net Zero by 2070

Prelims

CCTS has:

• Compliance Mechanism

• Offset Mechanism