IICA and CMAI collaborated to Enhance Capacity for Decarbonisation
Gadkari highlighted the critical role that green hydrogen and biofuels will play in determining India's economic and environmental future.
The Indian Institute of Corporate Affairs (IICA) and the Carbon Market Association of India (CMAI) have inked a Memorandum of Understanding (MoU) in New Delhi, marking a major step in bolstering India's carbon markets and promoting decarbonization initiatives.
Shri Nitin Gadkari, Minister for Road, Transport & Highways, Government of India, graced the opening day of the IICA-CMAI Masterclass on Global & Indian Carbon Markets on February 4th, where the historic agreement was announced.
Gadkari highlighted the critical role that green hydrogen and biofuels will play in determining India's economic and environmental future.
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Mr Manish Dabkara, President, CMAI remarked that the MoU with IICA marks a significant step towards building a robust ecosystem for carbon markets in India. Training programs, research opportunities, workshops, and conferences are a huge part of accelerating sustainable business initiatives.
CMAI is looking forward to a successful partnership in this area. Mr. Rohit Kumar, Secretary General, CMAI remarked that awareness has been a major challenge in this area.
By combining CMAI’s industry expertise with IICA’s institutional strength, the collaboration will aim to create impactful learning opportunities that will help accelerate India’s transition to a low-carbon economy.
This strategic partnership aims to equip industry professionals, policymakers and academicians with the necessary knowledge and expertise to navigate India’s evolving carbon markets.
CMAI, a leading industry association focused on accelerating sustainable business initiatives, will serve as the knowledge partner to IICA, a think tank under the Ministry of Corporate Affairs, to support the growth and development of the corporate sector in India.
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