Our Senior Partner, Niti Paul and Associate, Mayank Sharma have recently contributed to the Leading Questions series by Bar and Bench and have authored a Chapter titled, “India’s voluntary carbon market and nature-based solutions: Key legal questions and emerging opportunities”.
The article explores the evolving legal and commercial framework governing nature-based carbon projects in India, including:
• the functioning of voluntary carbon markets;
• structuring and trading of carbon credits from NbS projects;
• key risks relating to land rights, permanence, and community engagement; and
• the implications of India’s Carbon Credit Trading Scheme, 2023 on domestic and international carbon transactions.
As India’s carbon market framework continues to evolve, the piece examines the opportunities and regulatory considerations likely to shape the next phase of climate finance and carbon project development in the country.
Read the complete Chapter now at India’s voluntary carbon market and nature-based solutions: Key legal questions and emerging opportunities
