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Thursday, June 29, 2023

Green Credit Programme introduced by Government of India

 The Central Government has now proposed a notification for ‘draft Green Credit Programme Implementation Rules 2023’ for the information of the public .

‘Green Credit’ means a singular unit of an incentive provided for a specified activity, delivering a positive impact on the environment;

Sectors identified for the Programme with respective objectives are as follows:

i. Tree Plantation-based Green Credit: To promote activities for increasing the green cover across the country through tree plantation and related activities. 

ii. Water-based Green Credit: To promote water conservation, water harvesting and water use efficiency/savings, including treatment and reuse of wastewater. 

iii. Sustainable Agriculture based Green Credit: To promote natural and regenerative agricultural practices and land restoration to improve productivity, soil health and nutritional value of food produced. 

iv. Waste Management based Green Credit: To promote sustainable and improved practices for waste management, including collection, segregation and treatment.

 v. Air Pollution Reduction based Green Credit: To promote measures for reducing air pollution and other pollution abatement activities. 

vi. Mangrove Conservation and Restoration based Green Credit: To promote measures for conservation and restoration of mangroves. 

vii. Ecomark based Green Credit: To encourage manufacturers to obtain Ecomark label for their goods and services. 

viii. Sustainable building and infrastructure based Green Credit: To encourage the construction of buildings and other infrastructure using sustainable technologies and materials.

Download:  https://egazette.gov.in/WriteReadData/2023/246825.pdf


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