Direct tax provisions and carbon credit-regulation activity

The importance of resource mobilization for a greener economy, through fresh and innovative direct taxes provisions along with regulation and management of carbon credits at a domestic and global level is extremely critical particularly for emerging economies like India. Initiatives by many nations need to be emulated and global practices need to reform with synergy, in the immediate future. A snapshot of issues and initiatives have been attempted in this article. There is an ocean of issues and possibilities, but the direction to acheive sustainable greener technologies and practices are non negotiable for humanity.