Government replaces immediate green credit system with rewards after 5 years of forest restoration, based on canopy cover achieved.
The government has replaced the system of awarding green credits immediately based on the number of trees planted with granting credits after five years of restoration of degraded forest land, once 40% canopy cover is achieved.
The Environment Ministry revised the methodology for calculating green credits for tree plantation, first notified on February 22, 2024, through a new notification issued on August 29. The credits are rewarded under the Green Credit Programme.
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