India's green energy companies, such as Adani Green, owned by billionaire Gautam Adani's Adani Group, and carbon offsetters like EKI Energy Services, have come together to develop a carbon credit market to help achieve energy transition goals. India is one of the world's biggest greenhouse gas emitters and it aims to reach net zero emissions by 2070. Prime Minister Narendra Modi wants India to become an industrial powerhouse while also cutting emissions by 60 million tonnes a year by 2030, highlighting the importance of a robust carbon trading market.

Source: Reuters