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NewsThe HinduTuesday, 8 September 2026NEW

U.K. recognises India's carbon credit scheme under its carbon tax mechanism: official

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Summary
With this recognition, U.K. importers of eligible Indian goods covered under CBAM will be able to seek carbon price relief
Key Facts
TypeNews
SourceThe Hindu - National
PublishedTuesday, 8 September 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Net-zero target: 2070
Key Authorities
Ministry of FinanceRBISEBIDEAMinistry of Environment, Forest & Climate Change
Key Stakeholders
TaxpayersBanks & NBFCsInvestorsForest CommunitiesPolluting IndustriesRenewable Energy Firms
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Finance & Economy662 tracked→Climate & Environment144 tracked→Trade & Commerce139 tracked→
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