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Green Credit Program announced by Government of India on 13 October 2023 is claimed to be innovative mechanism driven in the market with the main aim of providing incentives for participating in voluntary environmental actions across different sectors consisting of individuals,societies and industries and companies in private sector. <ref name="gc1">{{cite news |last1=Vanak |first1=Anuja Malhotra & Abi Tamim |title=How green is the green credit programme? |url=https://frontline.thehindu.com/environment/green-credits-where-they-are-due/article67870309.ece |access-date=23 April 2024 |publisher=Frontline |date=24 February 2024 |language=en}}</ref> The scheme aims at promoting plantation on degraded wasteland and helps in generating green credits. <ref name="gc2">{{cite news |title=What is the Green Credits scheme, which PM Modi mentioned at COP28 |url=https://indianexpress.com/article/explained/everyday-explainers/what-is-the-green-credits-scheme-which-pm-modi-mentioned-at-cop28-9050627/ |access-date=23 April 2024 |publisher=The Indian Express |date=1 December 2023 |language=en}}</ref>
Green Credit Program announced by Government of India on 13 October 2023 is claimed to be innovative mechanism driven in the market with the main aim of providing incentives for participating in voluntary environmental actions across different sectors consisting of individuals,societies and industries and companies in private sector. <ref name="gc1">{{cite news |last1=Vanak |first1=Anuja Malhotra & Abi Tamim |title=How green is the green credit programme? |url=https://frontline.thehindu.com/environment/green-credits-where-they-are-due/article67870309.ece |access-date=23 April 2024 |publisher=Frontline |date=24 February 2024 |language=en}}</ref> The scheme aims at promoting plantation on degraded wasteland and helps in generating green credits. <ref name="gc2">{{cite news |title=What is the Green Credits scheme, which PM Modi mentioned at COP28 |url=https://indianexpress.com/article/explained/everyday-explainers/what-is-the-green-credits-scheme-which-pm-modi-mentioned-at-cop28-9050627/ |access-date=23 April 2024 |publisher=The Indian Express |date=1 December 2023 |language=en}}</ref>


== References ==
== Types of Activities ==

Green Credit Program covers eight types of activities<ref name="gc3">{{cite news |last1=Sinha |first1=Shishir |title=Govt launches Green Credit to incentivise eco-friendly actions |url=https://www.thehindubusinessline.com/economy/govt-launches-green-credit-to-incentivise-eco-friendly-actions/article67420282.ece |access-date=23 April 2024 |publisher=BusinessLine |date=14 October 2023 |language=en}}</ref>


== References ==
== References ==

Revision as of 14:20, 23 April 2024


Green Credit Program is... (description)

Objective

Green Credit Program announced by Government of India on 13 October 2023 is claimed to be innovative mechanism driven in the market with the main aim of providing incentives for participating in voluntary environmental actions across different sectors consisting of individuals,societies and industries and companies in private sector. [1] The scheme aims at promoting plantation on degraded wasteland and helps in generating green credits. [2]

Types of Activities

Green Credit Program covers eight types of activities[3]

References

References

References

  1. ^ Vanak, Anuja Malhotra & Abi Tamim (24 February 2024). "How green is the green credit programme?". Frontline. Retrieved 23 April 2024.
  2. ^ "What is the Green Credits scheme, which PM Modi mentioned at COP28". The Indian Express. 1 December 2023. Retrieved 23 April 2024.
  3. ^ Sinha, Shishir (14 October 2023). "Govt launches Green Credit to incentivise eco-friendly actions". BusinessLine. Retrieved 23 April 2024.

External links