You are currently viewing Govt releases methodology for calculating Green Credit for tree plantation, linking it with canopy density

Govt releases methodology for calculating Green Credit for tree plantation, linking it with canopy density

Entities involved in tree plantation can earn Green Credit after five years of restoration, achieving a 40% canopy density. Each surviving tree over five years old earns one credit. These credits, while tradable for specific purposes like compensatory afforestation and CSR, are non-transferable except within parent-subsidiary companies, promoting environmental responsibility.

Leave a Reply