Asia Pacific > Better carbon market development can cut India’s requirement of $4.3 bln in govt support to scale CCUS -analysis

Better carbon market development can cut India’s requirement of $4.3 bln in govt support to scale CCUS -analysis

Published 11:55 on March 6, 2025  /  Last updated at 11:55 on March 6, 2025  / /  Asia Pacific, Other APAC, Voluntary

India needs $4.3 billion in government support to scale carbon capture, utilisation, and storage (CCUS) for meeting its decarbonisation targets, but the country can significantly reduce its reliance on state coffers if it developed carbon markets in a better way, a report released Thursday has found.
India needs $4.3 billion in government support to scale carbon capture, utilisation, and storage (CCUS) for meeting its decarbonisation targets, but the country can significantly reduce its reliance on state coffers if it developed carbon markets in a better way, a report released Thursday has found.


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