As the urgency to address climate change intensifies, the world is witnessing a significant shift towards sustainable investments. The introduction of VCC derivatives can serve as a catalyst for sustainable investments by providing investors with a new avenue to participate in the carbon credit market. This initiative aligns with the Indian government's efforts to decarbonize the economy through the trading of carbon credit certificates.The introduction of VCC derivatives can incentivize sustainable investments in India. The derivatives market provides opportunities for investors with varying risk profiles and investment sizes to participate. By leveraging the potential of VCC derivatives, India can attract sustainable capital, foster innovation in clean technologies, and contribute to global efforts to combat climate change.
Source: Economic Times August 05, 2023 14:38 UTC