Reducing Risk, Addressing Climate Change Through Internal Carbon Pricing: A Primer for Indian Business
Synopsis
A growing number of businesses around the world are turning to internal carbon pricing as a tool to manage climate-related risks and transition to a low-carbon economy. There are early signs that internal carbon pricing is making inroads into progressive Indian businesses as well. But the early movers have reported a need for targeted guidance on how to implement carbon pricing in the Indian context. To address this challenge, this primer provides a seven-step approach for developing and implementing an internal carbon pricing scheme.