HP’s Carbon Credit Project To Be Replicated In Other States
Author:
First published in Sanctuary Asia,
Vol. 31
No. 11,
November 2011
With the granting of approval by the UNFCCC, the state may get an additional annual revenue of Rs 8-10 crore through carbon credits.
The project, in the public sector and spread over an area of 4,004 hectares surpasses a 3,500-hectare CDM project of China, would involve direct benefit to the villagers who would raise the plantations.
R K Kapoor, the chief project director of the Rs 337-crore Mid-Himalayan Watershed Development Project said, “The Ministry of Rural Development has adopted this project as a model for replicating it in other parts of the country. I have been invited by the ministry to make a presentation as to how Himachal Pradesh has achieved this. A few more ministries are keen to replicate Himachal Pradesh's initiative". Read the full report here.
Source: Ashwani Sharma, Indian Express, Shimla.
