EVENT RECAP: Workshop on Carbon Market
Hosted under the Forum for Decarbonising Transport
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Hosted under the Forum for Decarbonising Transport ·
Workshop on Carbon Market: Regulations, Infrastructure and International Experience
On September 14th, Convergence Energy Services Limited (CESL), in collaboration with The World Bank and WRI India conducted a carbon financing workshop under the Forum for Decarbonising Transport (part of the NDC-TIA). The workshop was attended by national and international experts from the public mobility and clean energy sectors as well as representatives from different financing agencies.
Key points of discussion included carbon trading and developing frameworks to monetize carbon assets once the National E-Bus Programme is fully commissioned. The workshop also led to the proposal of a roadmap to increase private sector participation, reduce the cost of public intracity transport and achieve the net-zero targets announced at COP26 in Glasgow. The workshop also played a significant role in designing the national programme for 50,000 electric buses across the country and providing financially viable options for State Transport Undertakings (STUs), policymakers and other stakeholders.
Speaking during the workshop, Madhav Pai, Executive Director, WRI India Ross Center said, “Although there is a vision from all relevant stakeholders towards electric mobility, most decision-makers are unaware about the path which needs to be taken to fully achieve their targets. Through, this workshop we counselled participants on the best possible way to realize these milestones.”
Learn more about this event on WRI India’s website (wricitiesindia.org).
