Grow plants on government land to earn Green Credit
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Extract:
The article discusses a government initiative
allowing individuals or entities to earn Green Credit through activities
benefiting the environment, such as tree plantation, water management, and
waste management. This Green Credit can be traded on a dedicated exchange,
promoting environmental actions through a market-based approach. The program, a
part of the LiFE campaign, aims to incentivize stakeholders towards sustainable
practices voluntarily, fostering a greener future.
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My Take:
Two Sides of Same Coin ? Green Credit - Carbon Credit……….17/10/2023
In my blog post from October 2023, I highlighted
the introduction of tradeable Green Credits by the government. This foresight
aligns with the current government's move to incentivize environmentally
positive activities through a market mechanism. The relevance of my prior
suggestion is apparent in the current emphasis on leveraging a competitive
market-based approach to drive environmental actions, reflecting a proactive
step towards sustainability.
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Surya Ghar Muft Bijlee - 7 Year Journey………..3/03/2024
In my March 2024 blog post, I advocated for an
innovative financing model for rooftop solar plants, emphasizing individual
ownership and green energy promotion. This echoes the recent government program
encouraging activities like sustainable agriculture and air pollution reduction
to earn Green Credits. The push for rooftop solar adoption aligns with the
broader environmental initiatives and the concept of earning incentives through
eco-friendly practices.
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Call to Action:
To the Ministry of Environment, Forest, and
Climate Change: Embrace and expand initiatives like Green Credit programs to
further incentivize and reward sustainable practices. Encouraging activities
that benefit the environment not only promotes eco-conscious behaviors but also
drives economic growth through green investments. Let's work together towards a
greener and more sustainable future.
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With regards,
Hemen Parekh
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