Circulars

To seek inputs on Draft Notification issued by the Ministry of Environment, Forest, and Climate Change on Greenhouse Gas Emission Intensity (GEI) Targets under the Carbon Credit Trading Scheme, 2023 :- Regarding.
 

 

 

CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)
Jhansi Castle, 4th floor, 7-Cooperage Road,   Mumbai - 400 001.

Tel:  +91-22- 69821200-6 Mobile No. : 91-7738933059
membership@chemexcil.in Web : https://chemexcil.in


EPC:LIC:CARBON-CRDIT:MOEF: NOTIFICATION:MISC                   2nd May 2025

TO,
All Members of Chemexcil

 

To seek inputs on Draft Notification issued by the Ministry of Environment, Forest, and Climate Change on Greenhouse Gas Emission Intensity (GEI) Targets under the Carbon Credit Trading Scheme, 2023:- Regarding.

 

Dear Sir / Madam,


The Government of India, under the Carbon Credit Trading Scheme, 2023 (notified on 28th June 2023), has established a framework for trading carbon credit certificates to help reduce, remove, or avoid greenhouse gas emissions. 

As part of the scheme's compliance mechanism, emission intensity targets for obligated entities (check the subsectors of chemicals) will be set by the Ministry of Environment, Forest, and Climate Change. 

The Central Government, under relevant provisions of the Environment (Protection) Act, 1986, has proposed a draft notification
No. CG-DL-E-21042025-262568 dated 17th April 2025.

This notification is open to public feedback for 60 days from its publication date.

The detailed notification can be viewed on link below 

https://moef.gov.in/storage/tender/1745395105.pdf

 

Objections or suggestions, if any, may be addressed to the Joint Secretary, Ministry of Environment,Forest and Climate Change, Indira Paryavaran Bhawan, Jor Bagh Road, New Delhi - 110003, and may be sent to e-mail id ccts.hsm-moefcc@gov.in with copy to pw@chemexcil.in; dg@chemexcil.in

 

Thanks and regards 

 

Raghuveer Kini 
Director General 
CHEMEXCIL 

Encl: MoEF Carbon Trading