Carbon Credits in India
One of the best ways to achieve Net Zero Emission is to use renewable sources of energy, the second-best way is by buying Carbon Credits to offset your carbon emissions.
Carbon credits are offered to industries, institutions and individuals alike when they reduce CO2 or other GHG emissions.
Yojan Solutions helps organizations achieve their sustainability goals with comprehensive carbon management. Our solutions include everything from project identification to issuance of credits and finally credit trading to reap monetary benefits. We also analyze your carbon footprint and help you with process optimization to identify the areas where carbon emissions can be reduced. The sole purpose is to create a tailored path that leads to sustainable development. Carbon credits can be obtained from diverse green projects like wind/solar/hydro/biogas/waste heat recovery/plastic recycling.
Why Carbon Credit ?
Compliance mitigation for businesses that might exceed allocated emission allowances
Embrace and support projects that reduce emissions with a tradable commodity
Fulfilling Corporate Social Responsibility through initiatives pertaining to sustainability
A cost-effective way to offset emissions while keeping capital expenditure under control
Who is Eligible for Carbon Credit ?
Project Developers – Renewable energy installations, energy efficient initiatives, process optimization practices and waste energy management
Businesses and Industries – Implementation of internal carbon reduction projects, purchasing carbon credits from external projects
Individuals – Offset carbon footprints and contribute to environmental stewardship
General Requirements for Projects
Emission reductions must be calculable and verifiable through established methodologies and monitoring systems.
Projects should contribute to sustainable development goals in the host country. Sustainability initiatives should be on your own volition and not a government mandate
Projects typically need to go through a rigorous approval and registration process to ensure compliance with relevant standards and methodologies.
Process of Carbon Credit ?
01
Register the project and prepare dossier to show the project is operational
02
Prepare and submit Project Concept Note and Monitoring Report and await registry approval to proceed with verification
03
Hire third-party auditors and approved verifiers to carry out comprehensive audit and verification of the project
04
Verifier prepares report as per approved verification standards
05
After the Verification Report is uploaded, registry critically reviews it and gives approval
06
Registry issues CoUs into client’s E-wallet account. The client can offset, trade or tokenize these carbon credits.
Phone Number
+91 816 036 5220Email Us Here
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