ISMA to host India-Japan carbon credit collaboration meet Wed, says chief
This story was originally published at 18:11 IST on 10 March 2025
Register to read our real-time news.Informist, Monday, Mar. 10, 2025
By Afra Abubacker
NEW DELHI – The Indian Sugar Mills & Bio-Energy Manufacturers Association will host a meeting Wednesday to explore collaboration between India and Japan on carbon credits, Director General Deepak Ballani told Informist. "There will be some 20 Japanese companies in the meet to discuss carbon credits for biofuels," he said.
India is the world's third-largest carbon dioxide emitter and has been looking to attract investment and technology to be deployed on projects to help mitigate pollution and generate credits. A company purchases carbon credits to offset unavoidable carbon emissions.
The emissions are measured in tonnes of carbon dioxide equivalent. Carbon credits can be generated by reducing the amount of carbon released or through reforestation, which takes in carbon from the atmosphere. A carbon market enables the buying, selling, transfer, and exchange of carbon credits.
"The meeting will include officials from Japan's embassy in India, and the joint secretary (sugar)," Ballani said, adding that the two countries look forward to sharing technological knowledge on carbon credits. End
Edited by Rajeev Pai
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
Share this Story:
