The Ministry of Environment Forest & Climate Change has released a new notification regarding draft provisions of the Green Credit Programme Implementation Rules, 2023. Public Notification and Feedback Period: Whereas, the publication of the draft notification provided notice to the public likely to be affected and mentioned that the Central Government will take into consideration…
Introduction The Ministry of Environment, Forest & Climate Change has introduced the Green Credit Programme Implementation Rules, 2023, based on India’s mission LiFE (Lifestyle for Environment). This rule aims to incentivize environmentally positive actions through a market-based mechanism. Objectives of the Green Credit Programme The Green Credit Programme has two main objectives: 1. Incentives for…