The Indian government's recent approval of a detailed offset mechanism for various sectors, including renewable energy and green hydrogen production, is a significant boost for climate action in the country. This move allows businesses to earn carbon credits for verified emission reductions, incentivizing projects aimed at reducing greenhouse gas emissions. The approval of the offset mechanism under the Indian Carbon Market by the Ministry of Power is a crucial step towards operationalizing this initiative. The inclusion of new methodologies is expected to expand the scope of climate-friendly projects, enabling India to tap into emission reductions beyond the traditional compliance sector. This development not only strengthens India's carbon trading ecosystem but also encourages investments in renewable and sustainable technologies. The introduction of the Carbon Credit Trading Scheme in June 2023 laid the groundwork for the Indian carbon market, with subsequent amendments in December 2023 opening opportunities for non-obligated entities to participate in voluntary climate mitigation efforts. Overall, this strategic move by the Indian government aims to drive sustainable development and foster a greener future for the country.