Projects involving renewable energy + battery storage, compressed biogas and carbon capture could benefit from the emerging market under Article 6.2 of the Paris Agreement, which enables countries to cooperate and transfer emission reductions internationally.

🇮🇳🇯🇵 India has already concluded bilateral arrangements with Japan and South Korea, while discussions are underway with Singapore, Switzerland and Sweden, according to Yashodhan Ramteke, CEO of climate-tech company EcoGuard Global.

Why it matters
🔹 Creates a potential new revenue stream for Indian clean-energy projects
🔹 Connects India’s decarbonisation efforts with international carbon markets
🔹 Could accelerate investment in battery storage, biogas and carbon-capture technologies
🔹 Strengthens India’s role in the emerging global carbon-credit economy

The next phase of India’s clean-energy transition may not just be about producing green power — it could also be about monetising verified emissions reductions globally.

Source: The Hindu BusinessLine