Karandikars & Associates

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What's New: Climate Change


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Government notifies GHG Emission Intensity Targets for 208 more Carbon-intensive Industries
January 22, 2026

The Government of India has notified Greenhouse Gas Emission Intensity (GEI) targets for additional carbon-intensive sectors under the Carbon Credit Trading Scheme (CCTS). The notification brings Petroleum Refineries, Petrochemicals, Textiles and Secondary Aluminium under the compliance mechanism of the Indian Carbon Market (ICM)

NITI Aayog reports on green transition in cement, aluminium and MSME sectors
January 21, 2026

NITI Aayog has released three reports on decarbonisation roadmaps for cement, aluminium and MSME sectors. These three reports have been prepared in consultation with line ministries/departments, industry stakeholders, research institutions and knowledge partners

Varaha Signs Carbon Removal Agreement with Microsoft
January 15, 2026

Varaha, a leading developer of carbon dioxide removal (CDR) projects with smallholder farmers across Asia, has announced a major offtake agreement with Microsoft for biochar carbon removal in India

Adani Green Energy Deepens Nature-Positive Leadership
December 8, 2025

Adani Green Energy Limited (AGEL), India's largest renewable energy company, has taken a significant step in its sustainability journey by mainstreaming the Taskforce on Nature-related Financial Disclosures (TNFD) framework

India reaffirms Commitment to Equitable Climate Action
November 8, 2025

Delivering India`s National Statement at the Leaders' Summit of the CoP30, Ambassador of India to Brazil reiterated the country`s consistent commitment to climate action based on equity, national circumstances and the principles of Common but Differentiated Responsibilities and Respective Capabilities

India / Japan Cooperation on Joint Crediting Mechanism (JCM)
August 29, 2025

The Ministry of Environment, Forest and Climate Change (MoEFCC), Government of India, has signed an Memorandum of Cooperation (MoC) with Government of Japan on Joint Crediting Mechanism (JCM) under Article 6.2 of the Paris Agreement of the United Nations Framework Convention on Climate Change (UNFCCC)

Approved Sectors in Offset Mechanism under CCTS
September 20, 2024

BEE has published the Approved Sectors under the offset mechanism as recommended by NSC-ICM and approvd by the Central Government