Month: June 2023

India’s Green Credit Program: Draft Rules Unveiled to Incentivize Carbon Reduction Initiatives

India’s Green Credit Program: Draft Rules Unveiled to Incentivize Carbon Reduction Initiatives

In a significant move towards combating climate change and promoting sustainable practices, the government of India has released a draft notification outlining a market-based mechanism for encouraging climate-friendly behavior and incentivizing green credits. The proposed initiative aims to drive voluntary action and enable individuals, businesses, and organizations to actively contribute to environmental conservation efforts. The […]