The Carbon Markets Association of India (CMAI) has forged a partnership with the global entity VCMI, aiming to guide stakeholders and foster transparent carbon credit trading across priority sectors in India
The Carbon Markets Association of India (CMAI) has joined forces with the Voluntary Carbon Market Integrity Initiative (VCMI) to assist stakeholders in carbon credit trading. The partnership, formed with London-based VCMI, aims to guide industry players through the entire process, from project registration to transparent trading of carbon credits, according to a CMAI statement.
As the agreement outlines, CMAI and VCMI will work together to promote a conducive environment for high-integrity voluntary carbon markets (VCMs) that attract private investment aligned with national and sub-national climate and socioeconomic policy priorities.
The collaboration will focus on supporting stakeholders in expanding carbon finance activities across key sectors in India. VCMI, an international non-profit organisation aligned with the goals of the Paris Agreement, is dedicated to enabling high-integrity voluntary carbon markets.
CMAI, a strategic alliance of industry experts specialising in carbon offset solutions, offers services such as policy research and advocacy, innovative interventions, capacity building, community initiatives, and partnerships.