In a significant development to propel India's decarbonisation efforts, the Indian Institute of Corporate Affairs (IICA) and the Carbon Market Association of India (CMAI) signed a Memorandum of Understanding (MoU) in New Delhi. The agreement, announced during the IICA-CMAI Masterclass on Global & Indian Carbon Markets, underlined the importance of biofuels, green hydrogen, and sustainable energy solutions in shaping India's economic and environmental trajectory. The collaboration between IICA and CMAI will focus on capacity-building, policy advocacy, and knowledge-sharing to accelerate India's transition to a low-carbon economy. This partnership aims to equip professionals with expertise in navigating the evolving carbon markets and supports India's climate mitigation strategies and net-zero ambitions. Key highlights of the MoU include strategic significance in strengthening India's carbon market ecosystem, important announcements by Shri Nitin Gadkari about biofuels, green hydrogen, and India's hydrogen export potential, and the launch of the Sustainable Aviation Fuel (SAF) Alliance. The collaboration will also work on training programs, joint research, workshops, and policy advocacy to drive India towards achieving its net-zero goals. The IICA-CMAI Masterclass featured engaging sessions focusing on international carbon markets and their role in India's climate action plan. With over 70 professionals in attendance, the event highlighted the necessity of training, research, and policy advocacy in accelerating decarbonisation efforts. The commitment of both organizations to drive India's sustainable future through innovative solutions and strategic collaborations marks a positive step towards a greener, more sustainable economy.