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Gujarat to launch India’s first carbon trading market

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In keeping with India’s decarbonization commitment, the Gujarat government inked a Memorandum of Understanding (MoU) on Monday to establish the country’s first carbon market.

The MoU was signed with the Energy Policy Institute at the University of Chicago and the Abdul Latif Jameel Poverty Action Lab (J-PAL) in the presence of Chief Minister Bhupendra Patel and officials from the department of climate change and department of mines and industries.

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