CCTS India 2026 — Carbon Credit Trading Scheme (भारत कार्बन ट्रेडिंग स्कीम)
India's **Carbon Credit Trading Scheme (CCTS)** is a landmark policy that will transform how carbon credits are generated, verified, and traded in India. Introduced under the **Energy Conservation (Amendment) Act 2022** and administered by the **Bureau of Energy Efficiency (BEE)**, CCTS will create Asia's one of the largest domestic carbon markets.
What is CCTS?
CCTS is India's national carbon market framework, similar to the EU Emissions Trading Scheme (ETS). It creates: 1. **Obligated Entities** — Large industries (steel, cement, power, etc.) that must reduce emissions or buy Carbon Credit Certificates (CCCs) 2. **Non-Obligated Entities** — Farmers, renewable energy producers, and other green projects that generate and sell CCCs voluntarily
Timeline for CCTS India
- **2022:** Energy Conservation Amendment Act — legal foundation
- **2023:** BEE formulates CCTS framework
- **2024–2025:** Registry setup and pilot sectors identified
- **2026:** Voluntary Carbon Market aligned with CCTS
- **2027–2028:** CCTS compliance market fully operational
How CCTS Benefits Indian Farmers
Under CCTS, agricultural carbon sequestration is recognized as a legitimate carbon sink: 1. Farmers who register under CCTS get **official government recognition** 2. CCTS creates **regulated floor prices** — no more exploitation by buyers 3. Carbon Credit Certificates (CCCs) become tradeable on **regulated exchanges** 4. **Institutional buyers** (banks, insurers, investment firms) can purchase CCCs for ESG portfolios
CCTS Carbon Credit Price Impact
CCTS is expected to push carbon credit prices from ₹1,500–₹4,000 today to ₹5,000–₹10,000+ per ton by 2030. Farmers who register early on platforms like BuyCarbonCredit.in will be best positioned when CCTS fully launches.