India’s growing carbon market offers major opportunities for sustainable development, but it must be shaped by fairness, transparency, and inclusion. As K.S. Aditya and Adeeth A.G. Cariappa note, carbon credit systems can help decouple economic growth from environmental harm, yet without safeguards for land rights, consent, and equitable benefit-sharing, they risk replicating exploitative models. Research from CIMMYT underscores that limited farmer engagement and training, particularly among smallholders and marginalized groups, remain key barriers to success. Ensuring transparency, building capacity, and promoting inclusive participation will be vital for India to develop a carbon market that strengthens both climate resilience and social equity.
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