https://en.bharatpedia.org/w/index.php?action=history&feed=atom&title=Green_Credit_ProgrammeGreen Credit Programme - Revision history2026-08-28T22:45:28ZRevision history for this page on the wikiMediaWiki 1.43.6https://en.bharatpedia.org/w/index.php?title=Green_Credit_Programme&diff=501207&oldid=prevHildaCorley2963: created new stub basic info - done2025-07-27T16:21:07Z<p>created new stub basic info - done</p>
<p><b>New page</b></p><div>{{Short description|21st century initiative in India}}<br />
{{Use Indian English|date=April 2024}}<br />
{{Use dmy dates|date=April 2024}}<br />
'''Green Credit Programme''' is a programme announced by the [[Ministry of Environment, Forest and Climate Change]] of the [[Government of India]] in October 2023 as part of the Lifestyle for Environment (LiFE) initiative proposed by [[Prime Minister of India|Prime Minister]] [[Narendra Modi]] at the [[Conference of the parties|Conference of the Parties]] to the [[United Nations Framework Convention on Climate Change|UNFCCC]] (COP27) held in [[Sharm El Sheikh|Sharm El-Sheikh]], [[Egypt]] in 2022.<br />
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== Objective ==<br />
The Green Credit Programme was announced on 13 October 2023 as part of the Lifestyle for Environment (LiFE) initiative proposed by Prime Minister Narendra Modi at the conference of COP held in Sharm El-Sheikh, Egypt.<ref name="gc5">{{cite news |title=Why experts aren't happy with Centre's Green Credit Program methodology |url=https://www.theweek.in/news/biz-tech/2024/02/27/why-experts-arent-happy-with-centres-green-credit-program-methodology.html |access-date=23 April 2024 |publisher=The Week |date=27 February 2024 |language=en}}</ref> It is claimed to be a market-based mechanism driven 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><br />
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== Types of activities ==<br />
The Green Credit Programme covers eight types of activities <ref name="gc6">{{cite news |title=India's Green Credit Programme, carbon credit initiative {{!}} What the draft says and who'll benefit |url=https://www.cnbctv18.com/economy/india-green-credit-programme-carbon-credit-initiative-draft-details-benefits-17060651.htm |access-date=23 April 2024 |publisher=CNBCTV18 |date=28 June 2023 |language=en}}</ref> 1.Credit for Tree Plantation 2. Green Credit for Water 3.Green Credit for Sustainable Agriculture 4. Green Credit for Waste Management 5.Green Credit for reducing air pollution 6. Green Credit for Mangrove conservation and rotation 7.Green Credit for Eco Mark 8. Green Credit for Sustainable Building and Infrastructure.<ref name="gc4">{{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><br />
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== Procedure ==<br />
Green Credit Programme is designed to avail credit by online registration by the firm of its activities electronically and claim green credit.<ref name="gc3">{{cite news |title=How you can gain by planting trees under Green Credit plan |url=https://timesofindia.indiatimes.com/india/how-you-can-gain-by-planting-trees-under-green-credit-plan/articleshow/108724869.cms |access-date=23 April 2024 |work=The Times of India |date=23 March 2024}}</ref><br />
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== See also ==<br />
* [[Carbon offsets and credits]]<br />
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== References ==<br />
{{Reflist}}<br />
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[[Category:2023 establishments in India]]<br />
[[Category:Climate change in India]]<br />
[[Category:Ministry of Environment, Forest and Climate Change]]<br />
[[Category:Environmental policies approved in 2023]]</div>HildaCorley2963