<ul data-eligibleForWebStory="false"><li>India's first State Carbon Bank will operate on the Hedera network, facilitating secure carbon credit trading and marking a significant step in the country's ESG framework.</li><li>The project, led by Maharashtra in collaboration with THG and Hedera, positions the state at the forefront of developing digital solutions aligned with India's climate goals.</li><li>The State Carbon Bank on Hedera will create a platform for producing, storing, and trading carbon credits, promoting transparency and trust in transactions while enhancing inclusivity for small-scale carbon credit generators.</li><li>THG, with expertise in building digital public infrastructure globally, is designing the blockchain system for the bank, reflecting India's drive to merge climate policy with accessible tools for practical implementation.</li></ul>

Hedera Chosen for India’s First State Carbon Bank in Major ESG Milestone

Discover more