India’s voluntary carbon market gains ground as net-zero goals drive ecosystem buildup

India’s carbon market is gaining momentum, with the Carbon Registry of India and other institutions fostering a voluntary carbon market. Companies are investing in carbon credits for credibility and long-term responsibility. India is shifting from a supply-side role to leading the carbon market, focusing on transparency and traceability. “Global registries will continue to play a role, but India needs trusted domestic platforms as well,” says Vishnu Sudarsan, senior partner at law firm JSA. “Platforms like CRI provide visibility and credibility within the Indian ecosystem, which is critical as the market matures, supported by robust, dual-layer governance structures that reinforce transparency and accountability,” Sudarsan adds. Read more