<h1>Industry federation launches net-zero power summit and joint working group to standardize carbon accounting, credits, and finance</h1> A national industry federation hosted a summit on the country's net-zero power transition and announced a joint working group on carbon innovation and action to develop business frameworks for carbon accounting, reporting, credit monetization and industry participation in global carbon markets. The initiative emphasizes regulatory carbon markets, green finance instruments, ESG investment and public-private collaboration involving policymakers, power utilities, financiers and technologists. Legal implications include potential new reporting and compliance obligations, market regulation for carbon credits, governance of credit monetization, disclosure duties for financiers and corporates, and the need to align contracts and financing instruments with evolving climate and securities rules.