Carbon Credit Trading Scheme
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Current affairsIndia's First Soil Carbon Payments: Aadi Programme Disburses ₹2.9 Crore to 2,550 Farmers in Punjab and HaryanaIndia launched its first direct-benefit-transfer soil carbon payments on September 17, 2026 at Punjab Agricultural University, Ludhiana. Under the Aadi farmer carbon programme, 2,550 smallholder farmers in Punjab and Haryana received more than ₹2.9 crore for adopting regenerative agriculture practices — direct seeded rice, reduced tillage, and crop residue management — between 2019 and 2022, marking a landmark convergence of climate finance and agricultural welfare. Current affairsUK Recognises India's Carbon Credit Trading Scheme (CCTS) Under UK CBAM — A Climate and Trade MilestoneThe United Kingdom's HM Treasury has officially recognised India's Carbon Credit Trading Scheme (CCTS) as a qualifying carbon-pricing mechanism under its Carbon Border Adjustment Mechanism (CBAM), effective ahead of the UK CBAM's full launch on January 1, 2027. Indian exporters of steel and aluminium to the UK can now claim carbon-price relief, avoiding double taxation on emissions already priced domestically under CCTS — a major win for India's climate diplomacy and export competitiveness. Current affairsUNEP "Limiting Overshoot" Report 2026: World Set to Breach 1.5°C — Paris Agreement Pathways and India's Climate ObligationsUNEP's "Limiting Overshoot" report (September 2026) declares that breaching the 1.5°C Paris Agreement warming threshold is now unavoidable in the near term. Without enhanced action, global temperatures could reach 2.6°C by 2100, but an "overshoot-peak-decline" pathway can return temperatures below 1.5°C through aggressive emissions cuts and large-scale carbon dioxide removal. Current affairsIndia Crosses 300 GW Non-Fossil Fuel Installed Electricity Capacity: A Milestone in Clean Energy TransitionIndia's installed non-fossil fuel electricity generation capacity crossed 300 GW (300.50 GW) as of 31 July 2026, announced the Ministry of New and Renewable Energy on 10 August 2026. This represents 54% of total installed capacity of 552 GW and over 60% of India's Paris Agreement NDC target of 500 GW non-fossil capacity by 2030.
In previous-year questions
- India's Carbon Credit Trading Scheme (CCTS) — the country's first domestic carbon market — was introduced through an amendment to which Act?UPSC · Current Affairs
- India's Carbon Credit Trading Scheme (CCTS) is administered by which body?UPSC · Current Affairs
- The Energy Conservation Act, 2001, was amended in 2022 to insert Section 14A, which enables the Central Government to specify a carbon market in India. Which of the following schemes is directly enabled by this amendment?UPSC · Current Affairs
- The Carbon Credit Trading Scheme (CCTS) 2023 in India was notified under which legislative framework?UPSC · Current Affairs