GREEN CREDIT PROGRAMME AND ECOMARK SCHEME

GS 3 – ENVIRONMENT

Launched in October 2023, the Green Credit Programme (GCP) and the Ecomark Scheme promote environmental sustainability. GCP incentivizes voluntary eco-actions, while Ecomark certifies eco-friendly products.

Green Credit Programme (GCP)

• A market-based initiative rewarding afforestation and eco-restoration efforts.
• 17 states allocated 57,700 hectares for tree plantations, with Madhya Pradesh leading (15,200 ha).
• Participants earn tradeable Green Credits for compliance with afforestation mandates.
• Administered by ICFRE with support from an inter-ministerial Steering Committee.

Ecomark Scheme

• Promotes eco-friendly products via accreditation and labeling.
• Managed by the CPCB and BIS, ensuring environmental compliance.
• Encourages sustainable consumer choices and responsible manufacturing.

Impact on Sustainability

Both initiatives align with global sustainability goals, fostering environmental responsibility among individuals and businesses in India.