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Green Credit

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Green Credit

 

 

  1. It is a special programme that allows an individual or entity to earn Green Credit and trade it on a dedicated exchange.
  2. Green Credit refers to a unit of an incentive provided for specified activities that deliver a positive impact on the environment.
  3. It is launched at the national level to leverage a competitive market-based approach for incentivising environmental actions of various stakeholders
  4. It is also a follow-up action of the ‘LiFE’ (Lifestyle for Environment) campaign and is a voluntary programme for adoption.
  5. The programme shall include eight types of activities:
    1. Tree plantation
    2. Water management
    3. Sustainable agriculture
    4. Waste management
    5. Air pollution reduction
    6. Mangrove conservation and restoration. 
  6. The Green Credit generated or procured to fulfil any obligation, shall not be tradeable.
  7. The Green Credit programme is independent of the carbon credit provided under the Carbon Credit Trading Scheme, 2023 under the Energy Conservation Act, 2001.

Hypersonic Missile

India's successful hypersonic missile test marks a significant milestone in the country's defense capabilities, particularly in the realm of advanced missile technology. India Tests It
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India Successfully Tests K-4 Nuclear-Capable Missile

India Successfully Tests K-4 Nuclear-Capable Missile Overview of the Test: India has successfully test-fired the K-4, an indigenously developed nuclear-capable ballistic missile, from the
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India-Sri Lanka Fishing Dispute:

India-Sri Lanka Fishing Dispute: The fishing dispute between India and Sri Lanka in the Palk Bay has been a long-standing issue with a range of underlying causes and implications for both countrie
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Ensuring Child Safety Online

Ensuring Child Safety Online Overview: In early February, Meta CEO Mark Zuckerberg publicly apologized to parents whose children had fallen victim to online predators during a Congressional hearing
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ABHYAS - High-Speed Expendable Aerial Target (HEAT)

ABHYAS - High-Speed Expendable Aerial Target (HEAT) Overview: The Defence Research & Development Organisation (DRDO) successfully carried out flight trials of ABHYAS-HEAT, an autonomou
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Operation AMRITH

Operation AMRITH Overview: Operation AMRITH is an initiative launched by the state of Kerala to address Antimicrobial Resistance (AMR) by enforcing the H1 rule that mandates a doctor's
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Green GDP

Green GDP Chhattisgarh's initiative to link forest ecosystem services with Green GDP marks a significant step toward sustainable development. By becoming the first state in India to adopt such
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nuclear power

nuclear power The Indian government's recent move to involve private players in the nuclear power sector marks a transformative shift, aiming to boost efficiency, innovation, and investment. Th
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Maratha Military Landscapes

Maratha Military Landscapes Why in News? Maratha Military Landscapes have been selected as India’s nomination for the UNESCO World Heritage List for 2024-25. The landscapes w
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Rural Poverty Alleviation in India

Rural Poverty Alleviation in India Context and Importance The Ministry of Rural Development recently showcased the progress of the Pradhan Mantri Awas Yojana-Gramin (PMAY-G), a flagship initiative
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