Sustaining India’s Green Vision: A Comprehensive Scrutiny of the Green Credit Scheme

Sustaining India’s Green Vision: A Comprehensive Scrutiny of the Green Credit Scheme

India’s commitment to environmental conservation and sustainable development has taken a significant stride with the introduction of the Green Credit Scheme. Spearheaded by the Ministry of Environment, Forest and Climate Change (MoEFCC), this innovative initiative aims to incentivize tree plantation efforts while promoting ecological balance and economic growth.

The Government of India’s decisive step towards monetise environmental sustainability by public. However, while the scheme has garnered attention for its potential to mitigate climate change and enhance green cover, a critical aspect often overlooked is the sustainability of the plantations established under this framework.

Understanding the Green Credit Scheme

The Green Credit Scheme, introduced in 2023, operates on a market-based system where businesses and individuals can earn credits, termed as Green Credits, by undertaking environmentally friendly activities, particularly tree plantation. These credits can then be traded or utilized to offset environmental impacts or meet regulatory requirements. The scheme is designed to encourage proactive participation in environmental conservation while aligning with broader sustainability goals.

Components of the Scheme:

1. Land Allocation and Plantation: Under the scheme, degraded land parcels, including open forests, wastelands, and catchment areas, are identified by the Forest Departments of respective states and union territories. These lands, typically measuring five hectares or more, are designated for tree plantation activities. Interested entities, upon approval from the MoEFCC administrator, undertake plantation initiatives on the allocated land.

2. Cost and Payment Mechanism: Upon application approval, the administrator determines the cost of plantation and associated administrative expenses. Applicants are required to pay this amount upfront, facilitating the initiation of plantation activities. The payment is typically made through bank drafts or other designated means to ensure transparency and accountability.

3. Implementation and Monitoring: The responsibility for executing plantation activities lies with the Forest Departments, who will adhere to predefined management plans. Plantation efforts are closely monitored to ensure adherence to quality standards and timely completion. The scheme emphasizes the importance of maintaining minimum tree densities and considers local silvi-climatic and soil conditions for optimal results.

4. Green Credit Issuance: Upon successful completion and verification of plantation activities, the MoEFCC administrator issues Green Credits to the participating entities. The number of credits awarded is based on the quantity and quality of trees planted, as evaluated by the Forest Department.

Challenges and Opportunities

Maintenance and Longevity: One of the critical shortcomings of the current framework is the lack of provisions for the maintenance and longevity of plantations. Planting trees is just the first step; sustaining their growth and health over time is equally crucial for achieving the intended environmental benefits.

Community Engagement: Effective implementation of the scheme requires active participation and collaboration from local communities, especially those residing in areas designated for plantation activities. Engaging communities in decision-making processes and fostering a sense of ownership can enhance the sustainability and success of plantation efforts.

Monitoring and Evaluation: Robust monitoring and evaluation mechanisms are essential to track the progress and impact of plantation initiatives. Regular assessments help identify challenges, adjust strategies, and ensure accountability, thereby enhancing the overall efficacy of the scheme.

Integration with Existing Policies: The success of the Green Credit Scheme relies on its alignment with existing environmental policies and regulations. Integrating the scheme with broader frameworks such as afforestation programs and climate action plans can facilitate synergies and maximize its impact.

The Way Forward

To address the aforementioned challenges and leverage the full potential of the Green Credit Scheme, several strategic interventions are warranted like introducing comprehensive maintenance plans that outline strategies for nurturing and sustaining plantations is imperative. These plans should include provisions for regular watering, pruning, pest control, and periodic health assessments to ensure the long-term viability of the green cover.

Promoting community participation through awareness campaigns, capacity-building initiatives, and incentivization measures can foster a sense of responsibility towards plantation activities. Engaging local communities as stakeholders in environmental conservation efforts fosters a sense of ownership and strengthens social cohesion.

Investment in robust monitoring and evaluation mechanisms is essential for tracking progress, identifying challenges, and assessing the impact of plantation initiatives. Leveraging technology, such as satellite imagery and remote sensing, can enhance the accuracy and efficiency of monitoring efforts.

Collaboration with diverse stakeholders, including government agencies, non-governmental organizations, corporate entities, and local communities, is essential for the successful implementation of the scheme. Building partnerships and leveraging collective expertise and resources can amplify the impact of plantation efforts and promote sustainable development.

The Green Credit Scheme holds immense potential in advancing India’s environmental conservation agenda and fostering sustainable development. However, addressing the critical aspect of plantation maintenance and ensuring the long-term sustainability of green cover is imperative for realizing the scheme’s intended benefits. By adopting a holistic approach that integrates community engagement, robust monitoring mechanisms, and strategic collaborations, India can pave the way towards a greener and more sustainable future.

The article is co-authored by Manish Dabkara, chairman and MD & Mr. Pankaj Pandey COO EKI Energy Services Ltd

Artists for Green Planet’; Initiative: THINK Gas Recognizes 12 Young Students from Bhopal

Leave a Reply

Your email address will not be published. Required fields are marked *

Newsletter Subscription