Carbon value chain & trading

Turn every tonne of carbon into accountable value.

CarbonCred builds the full chain from policy to revenue for states, utilities and industry: we measure emissions, deliver reductions, get them verified, issue credits and take them to India's carbon market.

CCTS · Verra · Gold Standard · UCRGST-linked emissions intelligenceNew Delhi
1 CCC = 1 t
One Carbon Credit Certificate equals one tonne of CO₂-equivalent reduced or removed
~490
Obligated entities with emission-intensity targets across 7 notified sectors
Oct 2026
First CCC sessions expected on IEX, PXIL and HPX, monthly, with no OTC trades
0.727
tCO₂ per MWh, India's grid emission factor used to value clean power (CEA v20)
India's carbon market at a glance · Sources: ICAP, CERC CCC Regulations 2026, CEA CO₂ Baseline Database v20
Carbon credits 101

What a carbon credit is, and what makes one worth buying.

A carbon credit is a certificate for one tonne of carbon dioxide-equivalent (tCO₂e) that was kept out of the atmosphere or taken out of it. It is created when an independent verifier confirms the cut against a baseline, and it is used up for good when its owner retires it.

01 · Unit

One credit, one tonne

Every standard counts the same way: one credit equals one tonne of CO₂e. Other gases such as methane are converted to CO₂-equivalent by their warming effect.

02 · Lifecycle

Issued, traded, retired

A registry issues the credit with a unique serial number. It can change hands many times, but it counts toward a climate claim only once its owner retires it.

03 · Type

Avoidance or removal

Avoidance credits stop emissions that would otherwise happen, like solar replacing coal power. Removal credits pull CO₂ back out of the air, through forests, mangroves, soil or biochar.

Compliance market

Required by law

Governments set targets for covered companies. Companies that beat their target earn credits, and those that miss it must buy and surrender credits.

  • India: Carbon Credit Trading Scheme (CCC)
  • Elsewhere: EU ETS, China ETS, CORSIA for aviation
  • Prices and rules set or overseen by regulators
Voluntary market

Chosen by buyers

Companies buy credits to meet their own climate goals, such as carbon-neutral products or net-zero targets, and report them in ESG disclosures.

  • Standards: Verra VCS, Gold Standard, UCR
  • India's CCTS also has a voluntary offset route
  • Prices vary widely with project type, vintage and co-benefits
Additional

The cut would not have happened without the money from credits.

Permanent

The carbon stays out, with buffers for risks like forest fire.

Verified

An accredited third party checks it against an approved method.

Counted once

A public registry tracks serial numbers so a tonne is never sold twice.

Beyond carbon

Documented benefits for people and nature, often mapped to the UN SDGs.

Standards & registries

Who certifies a credit, side by side.

A standard sets the rules and methods. A registry tracks each credit from issuance to retirement. These are the programs Indian buyers and project owners use most.

India CCTSBEE · Grid-IndiaVerra VCSVerified Carbon StandardGold StandardGS4GGUCRUniversal Carbon Registry
Credit unitCarbon Credit Certificate (CCC)Verified Carbon Unit (VCU)Verified Emission Reduction (VER)CoU (UCR carbon unit)
MarketCompliance and domestic offsetVoluntary; some units eligible for CORSIA and Article 6Voluntary, with a strong focus on sustainable developmentVoluntary
Who verifiesAccredited Carbon Verification Agencies (ACVA), accredited by BEEValidation/verification bodies (VVBs) plus Verra reviewAccredited VVBs plus Gold Standard reviewThird-party verifiers approved by UCR
RegistryIndian Carbon Market registry run by Grid Controller of IndiaVerra Registry (public)Gold Standard Impact Registry (public)UCR registry (public)
Where tradedMonthly sessions on IEX, PXIL and HPX; no OTCBrokers, marketplaces and bilateral dealsGold Standard marketplace, brokers and bilateral dealsBrokers and bilateral deals
Good forIndian obligated entities; domestic offset projectsLarge nature and energy projects; global buyersCommunity projects with proven SDG impactSmaller Indian renewable and household projects
Labels—CCB, SD VISta, ICVCM CCPSDG impact labels, ICVCM CCP—

How a project becomes credits

EligibilityCheck the project type and method qualify.
ListingPublish the project description for public comment.
ValidationA verifier reviews the design and baseline.
RegistrationThe program registers the project.
MonitoringRun the project and record its results.
VerificationA verifier confirms the reductions.
IssuanceCredits are issued with serial numbers.
Sale & retirementCredits are sold, then retired by the buyer.

Validation alone can take a year or more for a new project. CarbonCred manages the whole cycle for project owners. Sources: Verra VCS, BEE CCTS.

India's Carbon Credit Trading Scheme

India's own carbon market, explained.

The Energy Conservation (Amendment) Act, 2022 let the Central Government set up a carbon credit trading scheme. It replaces the PAT energy-efficiency scheme step by step and supports India's target of cutting emission intensity 45% below 2005 levels by 2030.

Mandatory

Compliance mechanism

Energy-intensive plants get a target for emissions per unit of output. Beat it and earn certificates; miss it and buy and surrender them by 31 July after the year ends.

AluminiumCementChlor-alkaliPulp & paperPetroleum refiningPetrochemicalsTextilesFertiliserIron & steel

Green: targets notified (Oct 2025 and Jan 2026). Grey: covered by the scheme, targets to follow.

Voluntary

Offset mechanism

Organisations without targets can register projects that reduce, remove or avoid emissions and earn certificates, using BEE-approved methodologies.

EnergyIndustriesAgricultureWasteForestryTransportFugitive emissionsConstructionSolvent useCCUS & removals

Green: phase I sectors. Grey: phase II.

NSC-ICMSteering committee

Chaired by the Power Secretary, co-chaired by the Environment Secretary. Recommends rules, targets and issuance.

BEEAdministrator

Runs the scheme: proposes targets, accredits verifiers, issues certificates and maintains the IT systems.

Grid Controller of IndiaRegistry

Registers entities, holds certificate accounts and records every transfer and surrender.

CERCTrading regulator

Approves exchange rules, oversees trading, and guards against fraud and manipulation.

MoEFCCTarget notification

Notifies GHG intensity targets under the Environment (Protection) Act, 1986.

ACVAsVerifiers

Accredited Carbon Verification Agencies validate projects and verify emissions and reductions.

Jun 2023

CCTS notified by the Ministry of Power

Dec 2023

Offset mechanism added

Oct 2025

First four sectors get targets

Feb 2026

CERC trading regulations notified

31 Jul 2026

First compliance filings due

Sources: Bureau of Energy Efficiency, ICAP.

Emissions calculator

Know your footprint, then the credits to cover it.

Enter a year of fuel, electricity and travel. We estimate your Scope 1, 2 and business-travel emissions, the credits needed and their cost for the portfolio you pick.

Scope 1 · fuels you burn
litres
litres
kg
m³
tonnes
Scope 2 · electricity you buy
kWh
%
Scope 3 · business travel
pass-km
pass-km
Annual footprint
0
Credits needed
Indicative cost per year
Get a firm quote

Factors: CEA grid 0.727 kgCO₂/kWh (FY2023-24); diesel 2.68 and petrol 2.31 kgCO₂/L; LPG 2.98 kg/kg; natural gas 1.9 kg/m³; Indian coal about 1.6 t/t; flights about 0.15 and rail about 0.03 kgCO₂e per passenger-km. A screening estimate, not a verified inventory. Reduce first, then offset what remains.

Credit portfolios

Diversified portfolios, so one project's risk isn't yours.

Instead of betting on a single project, buy a blend across project types and standards. Every portfolio is drawn from projects that pass our quality screen, and you get the registry serial numbers for each tonne you retire.

Technology avoidanceNature avoidanceNature removalTechnology removal
Credit marketplace

Browse Indian carbon projects.

Filter by project type, standard and state. Add projects to your enquiry and we'll confirm availability, vintages and a firm price within two working days.

Example listings to show the range CarbonCred sources. Indicative prices per tonne; final price depends on volume, vintage and availability. CCTS offset projects can be sold only after BEE issues their certificates.

Quality assurance

Most credits on the market don't pass our screen.

Buyers face real reputational risk when a project turns out to be over-credited or reversed. We test every project against four risks before it enters a portfolio, and keep watching after you buy.

  1. Registry check: confirm the credits exist, are unretired and match their serial ranges.
  2. Document review: read the project design, validation and latest verification reports.
  3. Baseline test: rebuild the baseline and check the claimed reductions aren't inflated.
  4. Independent ratings: compare against BeZero, Calyx Global, Sylvera or Renoster ratings where they exist.
  5. Ground truth: satellite imagery, meter data or a site visit, depending on the project type.
  6. Co-benefits & safeguards: check community consent, benefit sharing and SDG claims.
  7. Ongoing monitoring: track reversals, rating changes and news, and tell buyers if anything changes.
Additionality

Would this have happened anyway? We check financial, regulatory and common-practice tests.

Over-crediting

Is each credit really a tonne? We stress-test baselines, leakage and monitoring data.

Durability

Will the carbon stay out? We weigh reversal risk and the buffer pool behind removals.

Double counting

Is the tonne claimed once? We check registry status and any host-country claims under Article 6.

What you receive

A retirement certificate per purchase with registry serial numbers, a project fact sheet for each credit, and claim wording reviewed for BRSR and marketing use.

Buying guide

How to buy carbon credits that stand up to scrutiny.

Indian companies now face carbon questions from regulators, lenders and export customers. Here is the process we take buyers through.

  1. Measure your footprint

    Calculate Scope 1, 2 and 3 emissions in tCO₂e. You can't offset what you haven't measured.

  2. Reduce first, then set the offset goal

    Cut what you can, then decide what credits are for: carbon-neutral operations, a product line, or a net-zero year.

  3. Pick the right standard

    CCTS certificates for Indian compliance, CORSIA-eligible units for aviation, and Verra or Gold Standard for voluntary claims.

  4. Choose a traceable supplier

    Work with developers or advisers who can show registry records for every credit, not aggregators with unclear sourcing.

  5. Do your due diligence

    Check additionality, permanence, the verifier, vintage and co-benefits. Read the project's monitoring report.

  6. Buy and retire before you claim

    Retirement in the registry produces a serial-numbered record in your name. Claim nothing until it exists.

  7. Report it

    Disclose retired credits, with serial numbers, in your BRSR and other ESG reporting.

Why it matters now

  • SEBI BRSR: listed companies report emissions and climate actions.
  • India CCTS: obligated plants must meet intensity targets or surrender CCCs.
  • EU CBAM: exporters of steel, aluminium, cement, fertiliser and more face a carbon price at the EU border.

Mistakes to avoid

  • Buying on price alone, without checking quality
  • Announcing a claim before credits are retired
  • Credits with no public registry record
  • Old vintages that buyers and auditors discount
  • Offsetting instead of reducing emissions you could cut
Talk to a credit adviser
Questions

Frequently asked.

How much does a carbon credit cost in India?

Voluntary credits have typically traded at a few US dollars to about USD 25 per tonne, depending on standard, project type and vintage. Nature-based removals usually cost more than renewable energy credits. CCC prices under the CCTS will be set in exchange sessions; market estimates range from ₹250 to ₹1,500, but none has traded yet.

Is there a minimum purchase?

Credits are sold per tonne, so there is no fixed minimum. Small orders are often served from existing inventory; large orders are priced per project and vintage. On CCTS exchanges, order sizes follow the exchange's rules.

Can voluntary credits be used for CCTS compliance?

No. Obligated entities can surrender only Carbon Credit Certificates issued by BEE in the Indian Carbon Market registry. Verra, Gold Standard and UCR credits support voluntary claims and ESG reporting only.

What does retiring a credit mean?

Retirement cancels the credit permanently in its registry, in your name and for a stated purpose. It can never be sold again, which is what lets you claim the tonne against your emissions.

How long does buying take?

Buying from existing inventory usually takes a few weeks, including due diligence, contracting, transfer and retirement. Developing a new project into credits takes longer, often more than a year, because of validation and the first monitoring period.

Should we buy credits or generate our own?

It depends on your operations. Companies with renewable energy, efficiency, waste or land projects may earn credits and sell the surplus. Companies with hard-to-cut emissions usually buy. Many do both. Our credit estimator above gives a first view.

Can carbon credits be reported in BRSR?

Yes, if they are retired, recorded in a public registry and third-party verified. Report them separately from your measured emission reductions.

Glossary

The CarbonCred value chain

Seven stages. One accountable tonne.

Every engagement runs on the same chain. Select a stage to see what we do and what it hands to the next.

Policy→Measurement→Reduction→Verification→Credit→Trading→Revenue→Reinvestment
What we do

Measure. Reduce. Certify. Trade. Sustain.

Platform

Software that keeps every tonne traceable.

Our tools connect billing data, meters and registries so a reduction can be counted once, verified once and sold once.

Emissions intelligence

GST-linked emission mapping

Our algorithm reads GST transaction data to estimate the carbon footprint of industries across every sector, so a state or buyer can see where emissions concentrate before a single audit.

Illustrative · relative emission intensity by sector
Registry console

Credit position at a glance

A holder's live view of credits: vintage, validity, earmarks against obligations, and the cost of closing any gap, all matched to the Indian Carbon Market registry.

Valid
5,49,000
Expiring
36,000
Earmarked
1,20,000
Illustrative figures
Exchange terminal

Trade, retire and surrender

Market watch, order ticket, holdings and one-click retirement certificates for compliance buyers and voluntary offsetters alike.

MRV

Measurement, reporting, verification

IoT sensors, smart meters, SCADA and departmental feeds stream into dashboards that third-party verifiers can audit, so reductions become credits faster.

baselineverified cut
Sectors

Where the tonnes are.

Soil & farm carbon

Turn better farming into verifiable carbon.

Indian soils can hold far more carbon than they do today. We measure it, track changes in practice, and turn the verified gains into credits or Scope 3 reductions, with farmers paid for the result.

  1. Map the fields

    Field boundaries, land-use history and crop records from satellite imagery and farmer registries.

  2. Measure the baseline

    Stratified soil sampling to depth, lab-tested for organic carbon and bulk density, with chain of custody kept.

  3. Change practices

    Farmers adopt practices such as reduced tillage, residue retention, alternate wetting and drying, or agroforestry.

  4. Monitor and model

    Remote sensing plus re-sampling, run through calibrated soil-carbon models to estimate change with stated uncertainty.

  5. Verify, issue, pay

    An accredited verifier audits the data, credits are issued, and revenue flows back to farmers and FPOs.

0–30 cm · organic carbon ↑30–60 cm60–100 cm SAMPLE · PLOT 14+0.3 t C/haillustrative, per year
Reduced tillageCrop residue retentionCover cropsAlternate wetting & dryingAgroforestryBiocharBetter nutrient management
Farmers & FPOs

A new income stream from practices that also improve soil health and yields over time.

Food, textile & agri brands

Measured reductions in your supply shed that count toward Scope 3 targets.

Project developers & states

Registry-ready MRV data for agriculture projects under Verra, Gold Standard or the CCTS offset mechanism.

Credit estimator

What is your clean energy worth?

A first look at the credits your renewable generation or energy savings could represent. We firm this up with metered data and an approved methodology.

From your generation or savings records for one year.
Market estimates range ₹250–₹1,500 per credit. No CCC has traded yet.
Estimated credits per year
0
Indicative annual value
Over a 10-year crediting period
Range at ₹250 – ₹1,500
Get a verified estimate
MWh × 0.727 tCO₂/MWh (CEA weighted-average grid factor, FY2023-24). Actual credits depend on the approved methodology, baseline and verification.
For state governments

A state carbon economy in 36 months.

We help states draft their carbon credit policy, build a carbon inventory across departments, DISCOMs and urban bodies, and turn verified reductions into non-tax revenue.

PHASE 1 · 0–6 MONTHS

Foundation

  • Policy formulation and stakeholder consultation
  • Baseline assessment and data collection
  • Pilot projects identified
PHASE 2 · 6–18 MONTHS

Pilots & MRV

  • Pilot projects implemented
  • MRV system deployed
  • First credits generated and registry set up
PHASE 3 · 18–36 MONTHS

Scale

  • State-wide implementation
  • Carbon trading operations
  • Revenue realisation and scale-up
THEN, EVERY YEAR

Continuous cycle

Monitor → optimise → reduce → generate credits → trade → earn revenue → reinvest.

Outcomes

What a working carbon chain delivers.

Environmental
Fewer emissions, cleaner air

Measured reductions in greenhouse gases across power, cities, industry, transport and land.

Economic
New revenue and green jobs

Credit sales, climate finance and investment, plus skilled work in MRV, energy audit and ESG.

Strategic
ESG leadership

Audit-ready reporting that lenders, investors and regulators trust, and an early-mover position.

Social
Better public health

Cleaner cities and community participation in the revenue that local projects earn.

CarbonCred emblem

Our aim: make Indian states and companies leaders in the carbon economy, with a carbon ecosystem that is sustainable, profitable and built to last.

About CarbonCred

Carbon markets, built from the ground up in India.

Carbon Cred Pvt Ltd is a New Delhi climate-finance consultancy and technology company. We work where policy, data and markets meet: designing state carbon frameworks, mapping emissions from transaction data, and building the registry and trading tools that make each credit traceable.

CompanyCarbon Cred Pvt Ltd
LeadershipSiddhant Jain, Managing Director
HeadquartersB24 Community Centre, Janakpuri, New Delhi 110058
Works withState governments, DISCOMs, urban local bodies, industry and project developers
Market focusIndia's Carbon Credit Trading Scheme, plus Verra, Gold Standard and UCR voluntary markets
Contact

Start with one tonne.

Tell us what you run, a state department, a plant, a fleet or a portfolio of projects, and we'll show you where its credits are.

Phone+91 83760 77739+91 92142 13095
Emailjaincorpdelhi@gmail.com
OfficeB24 Community Centre, Janakpuri, New Delhi 110058