Coverage
What we rate, and where.
Across all six dominant Indian project types, on a single comparable rating scale.
Forestry
Forestry credits from India vary widely in quality. Projects in states with strong forest governance and clear community...
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Renewable Energy
Quality in the renewable energy category is strongly correlated with the accuracy of grid emission factors and the stren...
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Cookstoves
Cookstove credits from India show bimodal quality distribution. Projects that conducted rigorous usage verification befo...
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Biogas
Biogas credit quality is highly dependent on project developer rigour in maintaining and monitoring installed systems. P...
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Agricultural Soil Carbon
Agricultural soil carbon credits from India are a small but growing category. Quality ratings tend to cluster in the BBB...
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Industrial Carbon Capture
Industrial carbon capture credits from India are few in number and variable in quality. The nascent nature of the catego...
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Geographic coverage
V4 ratings span 28 Indian states and union territories.
Interactive map of India. States with active V4 ratings coloured by project density (light #f4efe7 to dark #503629). Click any state to see rated projects by type. States covered: Rajasthan, Gujarat, Madhya Pradesh, Maharashtra, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Odisha, Jharkhand, Chhattisgarh, Uttar Pradesh, Bihar, West Bengal, Assam, Himachal Pradesh, Uttarakhand, Arunachal Pradesh, Meghalaya, Punjab, Haryana.
168
Active project ratings
486
Vintage-specific ratings
28
States and UTs covered
6
Project types
Updated quarterly. As of May 2026.
How we expand coverage
New projects are added to V4 coverage based on subscriber requests, registry issuance volume, and market significance. Coverage requests from institutional subscribers are prioritised.
Projects that have not yet been rated are clearly marked as "unrated" in the V4 database. We do not assign ratings to projects where sufficient documentation for a full assessment is unavailable.
If you have a specific Indian carbon project that you need rated, or if you believe a project in our database is incorrectly classified, please get in touch.
Need a specific project rated?
Submit a coverage request and V4 will assess the project within our standard turnaround window.
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