The Voluntary Carbon Markets Integrity Initiative (VCMI) and The Carbon Markets Association of India (CMAI) are pleased to announce a new partnership aimed at boosting India’s participation in high-integrity international carbon markets.
The foundation of the collaboration between VCMI and CMAI is a common commitment to promoting sustainable development and good environmental change in the area.
Read also – [Funding alert] Insurtech Startup Riskcovry Secures $4.5 Mn Funding in Bridge Round
Mark Kenber, Executive Director, VCMI comments: “High-integrity carbon markets can mobilise private and public sector finance to where it is needed most. There is much more to do to unlock the enormous potential of these markets across India; through this exciting partnership we aim to support high integrity VCM growth across the country and so measurably accelerate climate action, innovation, and equitable development.”
Enabling Indian stakeholders to take advantage of and engage in international carbon markets with a high degree of integrity. The goal of VCMI and CMAI is to remove implementation hurdles by creating a supportive atmosphere for high-integrity VCMs that draw in private capital in line with national and subnational socioeconomic and climate policy agendas.
Read also – [Funding alert] Healthtech Startup CureBay Raises $7.5 Mn From Led by Elevar Equity
Rohit Kumar, Secretary General, CMAI comments: “This collaboration represents a transformative union across the entire carbon market landscape, seamlessly connecting grassroots farmers in remote areas to influential Indian policymakers and discerning buyers. With a core focus on embedding integrity within India’s burgeoning carbon market, this partnership signifies the creation of a resilient and trustworthy marketplace. It empowers our nation’s dedicated journey towards achieving net-zero emissions. The CMAI is truly delighted about collaboration with VCMI, foreseeing impactful strides towards a sustainable future.”
About VCMI
The Voluntary Carbon Markets Integrity Initiative (VCMI) is an international non-profit organization with a mission to enable high-integrity voluntary carbon markets (VCMs) that deliver real and additional benefits to the atmosphere, help protect nature, and accelerate the transition to ambitious, economy-wide climate policies and regulation.
Read also – Live With Joy – Unique Emerging Brand in Home Healthcare Services
About CMAI
The Carbon Markets Association of India is a coalition comprising top industry experts who have joined forces to ensure that India’s path towards developing the National Emissions Trading System (ETS) and a robust Domestic Carbon Market is well-structured. Their mission is to bring together all stakeholders involved in carbon offsets, from farmers in the remotest villages to MSMEs and large industries.
