How does the Green Credit Programme extend beyond carbon management to promote a more sustainable environment in India? What are the various concerns about its implementation?
Main Body
Introduced recently Green Credit Programme beyond carbon: 1) Allows users/local people taking positive environmental steps to earn credit 2) Afforestation activity, local ecological pollution etc are in ambit 3) Different from carbon as includes multiple green programs and not just reducing carbon emissions 4) Participation of all stakeholders and not just industries
[Continuation from page 18] Concerns: 1) Poor credit management committees and infrastructure 2) Use and collection of green credit 3) Role of financial institutions like banks etc 4) Awareness of the scheme limited 5) Regulatory enforcement by BEE (Bureau of Energy Efficiency). Scheme in right direction but requires capability building to create 'mission lite' goals of participation of all for sustainable development and green growth.
Conclusion
While the Green Credit Programme extends beyond carbon management to promote sustainable environment through participation of all stakeholders, significant concerns regarding infrastructure, awareness, and regulatory enforcement need to be addressed for effective implementation.
33 words
Nisar Dishant Amrutlal
Biodiversity and Environment
Climate Change
Green Credit Programme
150
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analytical
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