IICA-CMAI Partnership for India's Decarbonisation Drive
Key Ideas
  • IICA and CMAI signed an MoU in New Delhi to strengthen India's decarbonisation efforts, focusing on carbon markets and alternative energy sources like green hydrogen.
  • Road, Transport & Highways Minister highlighted India's commitment to biofuels and green hydrogen, aiming to achieve competitive hydrogen production costs and become a green hydrogen exporter.
  • The collaboration includes training programs, research initiatives, workshops, and policy advocacy to support India's net-zero ambitions, attracting professionals from various sectors at the Masterclass.
  • Part of India Climate Week, the event emphasized responsible business conduct, operational decarbonisation strategies, and building a robust carbon market ecosystem in India.
The Indian Institute of Corporate Affairs (IICA) and the Carbon Market Association of India (CMAI) have officially partnered through a Memorandum of Understanding signed in New Delhi. The partnership aims to boost India's decarbonisation efforts, with a focus on carbon markets and alternative energy sources such as green hydrogen. During the IICA-CMAI Masterclass, Minister Nitin Gadkari highlighted India's commitment to biofuels and green hydrogen, expressing confidence in achieving competitive hydrogen production costs and positioning India as a green hydrogen exporter. The collaboration between IICA and CMAI includes training programs, research initiatives, workshops, and policy advocacy to support India's net-zero ambitions. The inaugural day of the Masterclass saw the participation of over 70 professionals from various sectors, discussing responsible business conduct, decarbonisation strategies, and the development of a robust carbon market ecosystem in India.
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