In the context of India’s 2023 G20 Presidency, this report provides an overview of the experience of carbon pricing across the world. It focuses on the benefits of these instruments, the challenges that impede wider adoption, and the plausible solutions that can lead to the faster uptake of these tools by emerging economies.

Pricing forest carbon and putting in place the means and channels to pay for it are necessary conditions to achieve the 2030 mitigation goals. Yet, after more than 15 years of discussion, payments for emissions reductions from forests continue to be unreasonably low, both in terms of price and volume.

The synthesis report on carbon pricing approaches summarizes the present situation and offers insights into the possible future of carbon pricing in West Africa.

The Ministry of Agriculture and Farmers’ Welfare prepared a framework to promote voluntary carbon market (VCM) in the agricultural sector with a view to encourage small and medium farmers to avail benefits of carbon credit.

The Central Government, in collaboration with the Bureau, has introduced amendments to the Carbon Credit Trading Scheme, 2023, as outlined in the Energy Conservation Act, 2001.

As developing nations grapple with the largefinancing needs required to achieve our climate goals, the urgency to mobilize sub stantial capital towards communities, nature, and broader developmental efforts is resoundingly clear.

In order to lower the carbon emissions that lead to global warming, Malaysia is considering the deployment of market-based carbon pricing policies such as carbon trading and a carbon tax.

What risk do forest fires pose to natural climate solutions and their viability on voluntary carbon markets? This working paper uses novel methods to assess the permanence of natural climate solutions across six case studies in Brazil, Indonesia and Peru.

India’s emission trading scheme (ETS), dubbed the Carbon Credit and Trading Scheme (CCTS), passed into legislation last year. CCTS will be an extremely important policy instrument in the path to reach net zero in 2070 because it essentially incentivises industrial entities to reduce emissions.

CEEW's effort towards engaging relevant stakeholders in the preparatory phase prior to the establishment of the Indian Carbon Market (ICM) have shown that there is a limited understanding of an Emission Trading System (ETS) among Indian stakeholders and the importance of consistent engagement through capacity-building exercises.