The Global Carbon Council (GCC) has partnered with The Energy and Resources Institute (TERI) to establish India’s first digital carbon marketplace aimed at supporting household and livelihood-based clean energy projects. The initiative will enable small-scale climate actions, such as solar lighting and clean cooking solutions, to be converted into measurable and tradable carbon credits. This is expected to help communities access global carbon markets and attract new climate finance.
The platform will aggregate projects from households and small enterprises and track emissions reductions using digital monitoring, reporting and verification systems. Carbon credits generated through the marketplace can be traded internationally, creating funding opportunities for renewable energy solutions in rural and underserved regions of India. The agreement was formalised by GCC chairman Yousef Alhorr and TERI Director General Vibha Dhawan.
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