Gujarat is planning a Cap-and-Trade Market for Carbon Emissions

May 23, 2022

The Energy Policy Institute at the University of Chicago Trust in India (EPIC India) and the Abdul Latif Jameel Poverty Action Lab (J-PAL) at IFMR signed a Strategic Partnership agreement with the Government of Gujarat to setup India’s First Carbon Market. The market will provide a growth-friendly approach to tackling climate change. Leading researchers from the University of Chicago and J-PAL will help design the program, allowing Gujarat to tap global expertise.

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