India is on track to finalize a carbon credit deal with Japan by early 2025, which is a significant step in its efforts to combat pollution and attract foreign investment.

The country, being the third-largest emitter of carbon dioxide globally, is also planning to initiate similar negotiations with South Korea and Singapore.

Officials involved in the discussions, who prefer to remain anonymous due to the private nature of the talks, indicate that these agreements aim to facilitate the deployment of technology and projects focused on pollution mitigation.

This initiative aligns with India's broader strategy to enhance its environmental sustainability while fostering economic growth through international partnerships.