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Carbon credits represent the reduction or removal of one metric ton of CO2, allowing emitters to offset their impact by funding equivalent projects. India is developing its carbon credit ecosystem through initiatives like the Carbon Credit Trading Scheme, which aims to enhance environmental and economic benefits while facing challenges in market awareness and verification. Despite criticisms such as the risk of greenwashing and transparency issues, carbon credits are essential for promoting sustainable prac
- Author
- krishnapatel1527
- Language
- EN