COP30 wrapped up in Belém with three big shifts: a live Article 6.4 registry, a new Tropical Forest Forever fund, and clearer rules for how one country's credits can count toward another's target.
1. Article 6.4 finally has a working registry
After years of stop-start talks, the UN's central carbon credit registry (called Article 6.4) is now live. Countries can now issue credits under one shared UN rulebook. For India, this is important because our CCTS scheme is built to plug into this global system.
2. A new fund for tropical forests
Brazil launched the 'Tropical Forest Forever Fund' (TFFF). It pays countries just for keeping forests standing — no need to sell carbon credits. India is not in the first cohort, but Andhra Pradesh, Odisha, and the North-East could benefit if we join later.
3. Cleaner rules for cross-border credits
If Country A buys credits from a project in Country B, both countries must agree on how it counts — this stops double-counting. New paperwork (called 'corresponding adjustments') is now standardized. Good for buyers; slightly more admin for aggregators like us.
What this means for you
If you're a corporate buyer in India: it just got easier to buy verified credits that count everywhere. If you're a farmer aggregator: the paperwork is more standard, so your credits become easier to sell internationally. If you're a policy-watcher: expect BEE to publish a bridging rule between CCTS and Article 6.4 in the next 6 months.