India Drafts 2nd Rules under Compliance Mechanism of Carbon Credit Trading Scheme, 461 Additional Entities to be Included

On June 23, 2025, India’s Ministry of Environment, Forest and Climate Change (MoEFCC) released the second draft of the Greenhouse Gases Emission Intensity Target Rules, 2025 and opened a 60 day public consultation period. The initial draft, published on April 16, 2025, saw 282 obligated entities in the aluminum, cement, chlor-alkali, and pulp and paper industries. In the second draft, an additional 461 entities from the aluminum, iron & steel, petroleum refinery, petrochemical, and textile sectors have been added, bringing the total number of obligated entities over 700.