12 Best Carbon Credit Projects in India
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The vast, cricket-loving nation of India, now the most populous nation on earth after overtaking China in 2022, has been a leading location for carbon credit projects for some time now. As the world’s third largest emitter of greenhouse gases, it’s a good thing they have embraced carbon offsets in the way they have.
In the Voluntary Carbon Market alone, just under 300 million carbon credits have been issued from India at our last data counting.
The carbon market is positively thriving thanks to ambitious goals set by the government. The country aims to reduce emissions intensity of GDP by 33-35 percent by 2030 compared to 2005 levels as part of its commitments under the Paris Agreement. This has driven growth in various carbon offset programs under the United Nations’s Clean Development Mechanism (CDM) as well as voluntary carbon markets.
