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Our Research

Six interconnected research domains where capital, sustainability, and policy converge. All publications freely available.

Research Domains

Research Themes

Our research is organised across six thematic areas, each supported by a dedicated team of researchers, fellows, and external collaborators.

Carbon Markets

Research into the architecture, liquidity, pricing, and governance of voluntary and compliance carbon markets globally, with particular focus on emerging market participation, Article 6.2 and 6.4 implementation, international carbon credit transfer mechanisms, and registry interoperability.

Voluntary Carbon Markets Compliance Markets Article 6 Paris Agreement Carbon Pricing Market Design Registry Systems

Carbon Credits & MRV

Researching credit typologies, additionality standards, permanence and reversal frameworks, co-benefit measurement, and the emerging science and technology of Monitoring, Reporting, and Verification, including remote sensing, digital MRV, and satellite-based verification approaches.

Credit Standards Additionality Permanence MRV Frameworks Digital MRV Co-Benefits

Sustainable Finance

Examining green bonds, sustainability-linked loans and bonds, blended finance vehicles, green bank architecture, transition finance instruments, and the mobilisation of both domestic and international private capital for climate and development objectives in India and the Global South.

Green Bonds Sustainability-Linked Finance Blended Finance Green Taxonomy Transition Finance Climate Finance Flows

ESG & Impact Investing

Evaluating ESG rating methodologies, disclosure standards (BRSR, TCFD, ISSB), impact measurement frameworks, and the alignment of institutional capital with long-term sustainability objectives. Special focus on ESG data quality in Indian markets.

ESG Ratings BRSR / TCFD Impact Measurement Institutional Investors ISSB Standards Stewardship

Climate Policy & Regulation

Providing analysis of national climate commitments and NDCs, carbon pricing policy, India's domestic carbon credit framework under the CCTS notification (BEE/BIS), SEBI green finance disclosure requirements, and evolving global regulatory developments from the EU to the UNFCCC.

NDCs & Net Zero India CCTS Carbon Pricing Policy SEBI Regulations EU Green Deal CBAM

Nature-Based Solutions

Exploring the science, economics, and market infrastructure of forest carbon, blue carbon, soil carbon, and emerging biodiversity credit markets. Research spans additionality methodologies, permanence risks, community benefit-sharing, and the integrity of nature-based carbon credits.

Forest Carbon / REDD+ Blue Carbon Biodiversity Credits Soil Carbon Community Benefits Nature Markets
All Publications
Carbon Markets Price Discovery in India's Emerging Carbon Credit Trading Scheme: A Market Microstructure Analysis Draft, Q1 2025
Sustainable Finance Green Bond Second-Party Opinion Quality in Indian Issuances: An Empirical Review Draft, Q1 2025
Nature-Based Scaling Mangrove Blue Carbon in India: Registry Pathways and Community Finance Models Draft, Q2 2025
Policy CBAM Exposure and Decarbonisation Incentives for India's Steel Sector Draft, Q2 2025
ESG BRSR Core Disclosures and ESG Rating Divergence: Evidence from BSE 500 Companies Draft, Q3 2025
Our Experts

Research Fellows & Experts

SCRF's research is produced by a network of in-house researchers and affiliated fellows drawn from academia, policy institutions, and industry.

Senior Research Fellow
Carbon Markets Carbon Markets & Climate Finance
Research Fellow
Sustainable Finance Green Bonds & Capital Markets
Policy Research Fellow
Climate Regulation India Policy & NDC Analysis
Associate Fellow
Nature-Based Solutions Forest & Blue Carbon Markets
Research Analyst
ESG Data & Disclosure ESG & Impact Investing
Visiting Fellow
MRV & Digital Tools Technology & Carbon Verification
Research Fellow
Blended Finance Development Finance & DFIs
Junior Research Fellow
MSME & SME Finance Inclusive Transition Finance
Apply for a Fellowship
Stay Informed

The SCRF Research Digest

Monthly intelligence on carbon markets, sustainable finance, and climate policy, distilled from our research, field engagements, and global market developments by the SCRF team.