UK Recognises India’s Carbon Credit Scheme

On 8th September 2026, it was announced that the United Kingdom had recognised India’s Carbon Credit Trading Scheme (CCTS) as a qualifying carbon-pricing mechanism under its Carbon Border Adjustment Mechanism (CBAM), potentially reducing the carbon-tax burden on Indian exporters when the UK CBAM takes effect from 1st January 2027.

What is the UK CBAM?

  • CBAM places a carbon price on certain carbon-intensive imports so that overseas producers face a cost comparable to that borne by domestic industries under the UK’s carbon-pricing regime.
  • It will initially cover products from sectors such as iron and steel, aluminium, cement, fertilisers and hydrogen.

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