A Green Credit Program means a single unit of incentive provided for a specific activity that has a positive impact on the environment. The Indian Council of Forestry Research and Education (ICFRE) shall be the administrator of the program which will develop guidelines, processes and procedures for implementation of the program. The Vision of the program to promote environment activity.
- Tree plantation based Green Credit Program
- Water -based Green Credit Program
- Sustainable agriculture based Green Credit Program
- Water management based Green Credit Program
- Air pollution reduction based Green Credit Program
- Mangrove conservation and restoration based Green Credit Program
- Ecomark based Green Credit Program
- Sustainable building and infrastructures based Green Credit Program.
UPSC PYQ ;
Q. Regarding carbon credits which one of the following statement is not correct? 2011
- a. The carbon credit system was ratified in conjunction with the Kyoto Protocol
- b. carbon credits are awarded to countries or groups that have reduced greenhouse gases below their emission quota
- c. The goal of the carbon credit system is to limit the increase of carbon dioxide emission
- d. Carbon credits are traded at a price fixed from time to time by the United Nations Environment Programme.
Answer d.