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Govt working on regulations to implement Green Credits
Hindustan Times
|December 03, 2023
The Union environment ministry is working on rules to guide the Green Credits Programme, pitched by Prime Minister Narendra Modi at the ongoing United Nations Climate summit (COP28), and these will be published soon, senior officials said on Saturday.
"The green credits (programme) is based on the idea on how can we convert ecosystem services and activities into an economic resource. How can we incentivise afforestation of degraded lands? We have asked government departments to identify degraded or community waste lands for this," an official aware of the details said.
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