Asia Pacific > India cuts taxes on carbon credits

India cuts taxes on carbon credits

Published 08:52 on February 2, 2017  /  Last updated at 01:00 on February 3, 2017  /  Asia Pacific, Kyoto Mechanisms, Other APAC, Voluntary Market  /  No Comments

India’s annual budget released this week cut taxes on revenue from carbon credit sales by two thirds but did not increase spending on efforts to help the South Asian nation meet its Paris Agreement commitments.

India’s annual budget released this week cut taxes on revenue from carbon credit sales by two thirds but did not increase spending on efforts to help the South Asian nation meet its Paris Agreement commitments.

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