Work

Leveraging Carbon Markets for Cost-Efficient Emissions Reductions in India: Practical Recommendations for the Design and Implementation of an Effective Carbon Market

Year: 2023

Type: article

Abstract: A well-designed and well-integrated carbon market can reduce emissions reduction costs for the industry and help India meet its climate goals along with its economic aspirations. This report provides practical design and implementation recommendations for an effective carbon market in India, bringing together learnings from international carbon markets, India’s experience with market-based mechanisms over the two decades, and insights and industry feedback from a carbon market simulation.

DOI: 10.46830/wrirpt.20.00097

Authors: Ashwini Hingne, Varun Agarwal, Shubhangi Gupta, Megha Nath, Tejaswini Kulkarni

Institution: Shakti Sustainable Energy Foundation

Language: English

Topic: Climate Change Policy and Economics

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Climate action, Responsible consumption and production, Industry, innovation and infrastructure

Open Access status: gold

Funder: John D. and Catherine T. MacArthur Foundation

OpenAlex ID: W4384283264

FWCI: 0.522

Cites: 14

Cited by: 3

Related to: 10