Tag Archives: Green Credit Program

Introduction The growing urgency of environmental challenges has prompted innovative solutions across the globe. In this context, India’s Green Credit program emerges as a promising market-based initiative aimed at incentivizing environmentally friendly behavior. Launched in October 2023 as part of the government’s “Lifestyle for Environment” (LiFE) mission, this program seeks …

The innovative market-based Green Credit Program (GCP), announced on October 13, 2023, is intended to encourage voluntary environmental actions by a range of stakeholders, including individuals, communities, businesses, and private sector industries, across diverse sectors. The Indian Council of Forestry Research and Education (ICFRE) acts as the GCP Administrator, in …