green credit rules

In 2023, the Central Government introduced the Green Credit Rules, aiming to incentivize tree plantation and enhance the nation’s green cover. These rules, formulated on the recommendation of the Administrator, outline a structured methodology for calculating green credits, particularly concerning tree plantation initiatives. Under these rules: Identification of Degraded Land: The Forest Department of each…

 MoEFCC released the Ecomark Certification Rules, 2023, with the primary objective of promoting eco-friendly products and assessing their environmental impact across various facets. These aspects include resource consumption, climate change effects, impacts on nature and biodiversity, energy usage, waste generation, emissions into the environment, physical pollution effects, and the management of hazardous substances. Key features…

Central Government issued the Green Credit Rules, 2023, through an official notification. The primary aim of this program is to foster environmental conservation and sustainability using market-driven mechanisms. This initiative represents an innovative approach, harnessing a competitive market system to incentivize and promote environmentally responsible actions among a diverse array of stakeholders. Key Elements: Tradable…