Kumar Kartikeya, PhD Scholar (Law), Research Scholar, Department of Law, NIMS, University Dr Falak Bashir, Assistant Professor, Department of Law, NIMS University ABSTRACT The emergence of carbon markets has transformed greenhouse gas emissions reductions into tradable economic assets capable of facilitating climate mitigation while promoting cost-efficient decarbonisation. India's transition towards a formal carbon market under the Energy Conservation (Amendment) Act, 2022 represents a...