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UK Recognises India’s Carbon Credit Trading Scheme

UK RECOGNISES INDIA’S CARBON CREDIT TRADING SCHEME WHY IN THE NEWS ? The United Kingdom has recognised India’s Carbon Credit Trading Scheme (CCTS) as a qualifying overseas carbon-pricing mechanism under its Carbon Border Adjustment Mechanism (CBAM) regulations.The recognition is expected to reduce effective CBAM liability on Indian exports, improving their competitiveness in the UK market. …

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