India Showcases Carbon Credit Trading Scheme and Clean Energy Progress at WTO Geneva 2026
jharkhandstatenews.comIndia presented its Carbon Credit Trading Scheme (CCTS) and renewable energy standards at the WTO Trade and Environment Week in Geneva on World Environment Day 2026. The event highlighted that India's non-fossil fuel installed capacity reached 53.21% by March 2026, beating its 2030 target by nearly five years. Emissions intensity of GDP fell 37.38% between 2005 and 2022, exceeding the NDC target range of 33-35% reduction ahead of schedule. The session detailed India's national framework for the Indian Carbon Market, including a planned electronic carbon credit trading platform. Officials from MoEFCC, BEE, Ministry of Power, and MNRE presented on green hydrogen certification thresholds under the National Green Hydrogen Mission. India also held bilateral talks with Japan on transparency and trade-restrictive climate measures, emphasizing that economic growth and environmental sustainability can advance together through proper policy frameworks and technological innovation.
