Indian Journal of Economics and Development: Forthcoming Issue

Smiley face

Smiley face

Smiley face

Make Payments
Useful Links

Carbon Credit Management and Strategies to Combat GHGs Emission: An Overview of the Carbon Market


The payment will be processed through the CCAvenue payment gateway.



Indian Journal of Economics and Development
Volume 15 No. 4, 2019, 619-625
DOI: 10.5958/2322-0430.2019.00081.7
Indexed in Clarivate Analytics (ESCI) of WoS

Abhishek Tripathi
Assistant Professor, Department of Management and Information System, University of Hail, Kingdom of Saudi Arabia

The climate of the earth is changing at a rapid rate and every one of us plays a key role in the form of the products we purchase, the electricity we use, the way manufacturing units produce toxic waste, releases carbon dioxide and other harmful GHGs which leads to global warming. It alsohas a serious impact on our environment and the economy that affects the future and the present generation. To combat the problem of an increase in the earth’s climate UNFCCC embraces the Kyoto Protocol, which is a universal agreement between the countries, and commits them by setting up universally mandatory emission reduction targets. The purpose of this paper is to analyze the carbon market, its strategies, pricing, and trading mechanism especially in context to the EU ETS mechanism trading mechanism. It also helps us to understand how the problem of climate change can be resolved and allows nations to create good atmospheric conditions and utilize funds on renewable sources of energy to create win-win situation. This paper also focuses on carbon price influence in determining the business strategy.

Carbon allowance, carbon credit, carbon footprint, carbon pricing, carbon tax, emission trading systems, greenhouse gases.

JEL Codes
D53, F1, O24, L1, M16, M38, Q5.

Useful Downloads

News and Updates

  • Contents IJED 15(4) 2019

  • Proceeding of 22.07.2019
  • Hard copies, Indian J Econ Dev 15 (4), October-December, 2019 dispatched

Web Counter