Asia Pacific > BRIEFING: India’s plant-specific approach to carbon market aims to tackle industrial diversity

BRIEFING: India’s plant-specific approach to carbon market aims to tackle industrial diversity

Published 12:59 on February 25, 2025  /  Last updated at 12:59 on February 25, 2025  / /  Asia Pacific, International, Other APAC, Paris Article 6

India’s approach of adopting unit-specific targets rather than sector-wide benchmarks in its domestic carbon market, a legacy of the Performance, Achieve, and Trade (PAT) scheme, aims to address its diverse industrial landscape to ensure fair and effective compliance.
India’s approach of adopting unit-specific targets rather than sector-wide benchmarks in its domestic carbon market, a legacy of the Performance, Achieve, and Trade (PAT) scheme, aims to address its diverse industrial landscape to ensure fair and effective compliance.


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