As India accelerates its efforts toward carbon neutrality to meet its climate goals, market-based mechanisms like the Emissions Trading Scheme (ETS) are taking center stage in policy discussions. Notably, the ETS in Surat was the world’s first pollution market for particulate matter. Spearheaded by the Gujarat Pollution Control Board (GPCB), the pioneering initiative was implemented with the support of researchers from the Energy Policy Institute at the University of Chicago (EPIC), the Yale Economic Growth Center at Yale University, and Abdul Latif Jameel Poverty Action Lab (J-PAL)

To continue fueling the conversation around carbon markets, we kicked off the year by taking part in and speaking at a timely and insightful forum—a training program on Carbon Accounting, Auditing, and Trading, organized by the Centre for Science and Environment, New Delhi. It provided a valuable platform to share our experiences with the evaluation and scaling-up of ETS and to learn from one of the most respected voices in the energy and environment research community.

Over three days at the Anil Agarwal Environmental Training Institute (AAETI) in Nimli, the knowledge exchange workshop explored India’s emissions policy landscape, global carbon markets, and the upcoming Carbon Credit Trading Schemes (CCTS).

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