Government releases methodology for calculating Green Credit for tree plantation
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Entities involved in tree plantation can earn Green Credit after five years of restoration, achieving a 40% canopy density. Each surviving tree over five years old earns one credit. These credits, while tradable for specific purposes like compensatory afforesGovernment releases methodology for calculating Green Credit for tree plantation
Entities involved in tree plantation can earn Green Credit after five years of restoration, achieving a 40% canopy density. Each surviving tree over five years old earns one credit. These credits, while tradable for specific purposes like compensatory afforestation and CSR, are non-transferable except within parent-subsidiary companies, promoting environmental responsibility. Read more