Gujarat's Emissions Trading Scheme Goes Global, Offers Model for Delhi and Beyond

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Gujarat's pilot emissions trading scheme has demonstrated measurable reductions in industrial pollution alongside notable cost savings for participating industries. The program works by creating financial incentives for factories to cut their emissions, making cleaner practices economically attractive. Following its success in Gujarat, the scheme is now being expanded to other parts of India. The model has also drawn significant international attention as a replicable solution to industrial air pollution. Experts believe it could offer valuable lessons for heavily polluted cities like Delhi and for environmental policymakers worldwide.

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