22 January 2026: The Government of India has notified Greenhouse Gas Emission Intensity (GEI) targets for additional carbon-intensive sectors under the Carbon Credit Trading Scheme (CCTS). The notification, issued on 13 January, brings Petroleum Refineries, Petrochemicals, Textiles and Secondary Aluminium under the compliance mechanism of the Indian Carbon Market (ICM).
A total of 208 obligated entities across these sectors will now be required to meet specified emission intensity reduction targets. With this expansion, the compliance mechanism of the ICM now covers 490 obligated entities across India's most emission-intensive industries. The Government of India first notified GEI targets in October 2025 for the Aluminium, Cement, Chlor-Alkali, and Pulp & Paper sectors covering 282 obligated entities.
The CCTS notified by the Government of India in 2023 provides an overall framework for the functioning of the ICM. The objective of CCTS is to reduce or avoid greenhouse gas emissions from various sectors of Indian economy by pricing the emissions through a carbon credit certificate trading mechanism.
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