India should introduce carbon-pricing system

India needs to introduce a broad-based carbon pricing system to meet its climate goals, the Reserve Bank of India (RBI) said in a report on Wednesday. The ‘Report on Currency and Finance’ has been prepared by the Department of Economic and Policy Research. It does not represent the views of the RBI.

The report has urged the government to introduce an emissions-trading system, linked to the green taxonomy to cover all the sectors of the economy.

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