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      "text": "The CCTS is expected to create an additional avenue for entities to trade carbon certificates, supplementing the voluntary market where India is already a prominent player.",
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      "text": "The CCTS is expected to create an additional avenue for entities to trade carbon certificates, supplementing the voluntary market where India is already a prominent player. By integrating various sectors and focusing on emerging technologies, the CCTS is poised to catalyze investment and technological innovation. The CCTS represents a significant leap forward, as it aims to unify the Indian Carbon Market (ICM) by establishing a platform for the trading of carbon credit certificates. These certificates will be issued to entities that outperform their GHG emission intensity targets, allowing them to trade excess reductions as carbon credits. This not only incentivizes reductions in emissions but also provides a mechanism for obligated entities to comply with their targets through market-based transactions.",
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      "text": "Source: Bureau of Energy Efficiency",
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