India's First Circularity-Linked Carbon Credits from End-of-Life Vehicles
Sector: Automotive • Location: India
Source: Bisinfotech
Meta Materials Circular Markets (MMCM) has launched India's first circularity-linked carbon credits derived from End-of-Life Vehicles (ELVs). The project aims to save over 2 million tons of CO₂ by 2035 and generate more than 200,000 carbon credits annually, involving over 100 recycling partners across India. It integrates circular economy principles into the carbon market, linking emission reducti
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Status
Original status | launched |
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Description
Description | Meta Materials Circular Markets (MMCM) has launched India's first circularity-linked carbon credits derived from End-of-Life Vehicles (ELVs). The project aims to save over 2 million tons of CO₂ by 2035 and generate more than 200,000 carbon credits annually, involving over 100 recycling partners across India. It integrates circular economy principles into the carbon market, linking emission reductions to material recovery, and leverages a proprietary digital Monitoring, Reporting, and Verification system. |
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Original Currency | USD |
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Data quality score | 100% |
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