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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.
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. What's Your Reaction?
