Nijhara, Garv and Verma, Renu and Bansal, Twinkle and Jyoti, Divya (2025): DECENTRALIZED CARBON MARKETS IN INDIA: TRADE, POLICY AND BUSINESS OPPORTUNITIES.
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Abstract
Decentralized Carbon Markets in India is a forward-looking and research-driven work that explores the emerging landscape of carbon trading through decentralized frameworks, particularly within the Indian context. As global climate commitments intensify and nations move toward achieving targets under the Paris Agreement, this book critically examines how decentralized mechanisms—powered by blockchain technology, digital MRV (Monitoring, Reporting, and Verification) systems, and community-driven carbon initiatives—can reshape India’s carbon economy.
The book provides a comprehensive analysis of India’s evolving carbon market structure, including compliance and voluntary markets, while highlighting the limitations of centralized systems such as lack of transparency, inefficiencies, and limited accessibility for small stakeholders. It introduces the concept of decentralized carbon markets as a transformative solution that enhances transparency, traceability, and inclusivity—particularly for rural communities, farmers, and MSMEs.
Through theoretical insights, policy analysis, and real-world case discussions, the book bridges the gap between environmental economics, climate policy, and financial innovation. It also evaluates the role of government initiatives, private sector participation, and international collaborations in fostering a robust decentralized carbon ecosystem in India.
Importantly, this book lays the foundation for understanding how India can leverage decentralized carbon markets not only to meet its climate goals but also to generate sustainable economic opportunities at the grassroots level.
| Item Type: | MPRA Paper |
|---|---|
| Original Title: | DECENTRALIZED CARBON MARKETS IN INDIA: TRADE, POLICY AND BUSINESS OPPORTUNITIES |
| Language: | English |
| Keywords: | Decentralized Carbon Markets Carbon Markets in India Carbon Trading Systems Carbon Credits Carbon Pricing Carbon Finance Climate Policy Sustainable Development Environmental Economics Carbon Economy |
| Subjects: | Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q50 - General Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q51 - Valuation of Environmental Effects |
| Item ID: | 128733 |
| Depositing User: | Mr. Garv Nijhara |
| Date Deposited: | 15 May 2026 14:48 |
| Last Modified: | 15 May 2026 14:48 |
| References: | DECENTRALISED MARKET |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/128733 |

