The Economic Times

From Gujarat to Rio: How India's pollution solution could offer lessons for Delhi-NCRs dirty air crisis

An Indian emissions trading scheme developed in Gujarat is now being explored internationally. This market-based approach encourages industries to reduce pollution through economic incentives. The successful pilot in Surat demonstrated significant emission reductions and cost savings for factories. This innovative model is now being considered for adoption in Rio de Janeiro, Brazil. The program's success has also generated renewed interest among other Indian states.