India’s carbon credit market needs evidence before it scales
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Summary
India’s carbon market conversation is widening beyond energy and industry. Forests, farms, grasslands, wetlands, mangroves and rice fields are increasingly being viewed as spaces where climate action, ecological restoration and rural livelihoods can converge. Carbon credits are expected to help bring private finance into these landscapes. But the global experience of the voluntary carbon market shows that a project can be registered, verified and even generate credits without necessarily deliver