Posts

Showing posts with the label #GreenCreditIndia #ClimateActionNow #SustainableFuture #PrivateSectorForClimate #EcoImpact #AbhinandanWrites

Revised Green Credit Programme Methodology

Revised Green Credit Programme Methodology aimed at enhancing private-sector participation and strengthening climate action in India: Shift to Outcome-Based Credits Credits are now awarded only after a minimum of five years of restoration activity on degraded forest land, ensuring accountability beyond immediate plantation efforts. ( Business Standard , The New Indian Express ) Mandatory Canopy Density Threshold To qualify for Green Credits, plantations must achieve at least 40% canopy density , ensuring ecological quality—not just tree numbers. ( The Times of India , Business Standard , The New Indian Express ) Survival-Based Credit Allocation One Green Credit is granted for each tree that has survived beyond five years , emphasizing longevity and vitality. ( Business Standard , Outlook Business ) From Numeric Benchmarks to Ecological Impact The earlier method awarded credits immediately based on a minimum of 1,100 trees per hectare . The revised model focuses instead on act...