lystn

Highlighting the hurdles on the horizon, Mr. ES Ranganathan articulates, "While carbon trading holds immense promise, its implementation in India confronts several obstacles. Challenges such as limited awareness, market liquidity constraints, and regulatory frameworks must be addressed. Moreover, ensuring the transparency and integrity of carbon credits is imperative to establish trust and confidence in the system." He further underscores that realizing the complete potential of carbon trading in India necessitates collaborative efforts from policymakers, corporations, and the civil society. The facilitation of public-private partnerships, innovative financing mechanisms, and capacity-building initiatives can serve as crucial drivers in surmounting these challenges.Read more:https://www.outlookindia.com/business-spotlight/carbon-trading-a-game-changer-in-india-s-environmental-endeavours-says-es-ranganathan-news-305355