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Decoding the CO₂ Credit & Debt Model: Lessons for India’s ZEV Transition | ICTS 2025
#CO2Credits #CarbonTrading #EVFinance #IndiaEVs #ICTS2025
At India Clean Transport Summit, this session explored how a CO₂ credit and debt trading mechanism could accelerate India’s shift to zero-emission vehicles (ZEVs) by rewarding compliance, mobilising finance, and ensuring equitable access.
Context-Setting Presentation
Aviral Yadav, Researcher, ICCT (view the presentation): https://theicct.org/wp-content/uploads/2025/09/Decoding-the-CO2-Credit-and-Debt-Model.pdf
Panelists:
Drew Kodjak – ICCT
Avinash Kumar – Earthood
Rahul Nadagouda – TATA Motors Passenger Vehicles Ltd.
Sumantra Bibhuti Barooah – Acko Drive
Ashok Deo – ICCT
Key Takeaways:
•A CO₂ trading mechanism can incentivize manufacturers that meet or exceed their targets, enabling them to trade excess credits as an additional source of revenue.
•Revenues from CO₂ credit trading should be redirected to support low-income access to zero-emission vehicles (ZEVs).
•Transparency and independent, third-party verification of CO₂ credit trading is essential to prevent greenwashing.
Read more about India Clean Transportation Summit here: https://theicct.org/icts25/
