‘Trading platforms for ELV certificates to promote circular economy, help cut emissions' , says Industry Expert
Scrappage of old vehicles can help bring down vehicular pollution by 20-25 per cent, Nitin Chitkara, the CEO of Meta Materials Circular Markets (MMCM), which runs the DigiELV platform, said.
The trading of such these CoDs will help those who want to scrap their old vehicles but do not want to purchase a new vehicle in near future.Image Courtesy: Reuters.