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Podcast: In Focus by The Hindu
Episode: How will the government’s Green Credit Programme work?
Description: The Union environment ministry has notified draft rules for implementation of a Green Credit Programme (GCP). The programme aims to create a market-based mechanism for incentivising “voluntary environmental actions” by individuals, urban local bodies, communities and the private sector. The draft is now in the public domain for suggestions and objections, for a period of 60 days, after which it will be finalised.Under this programme, certain activities will earn green credits, which can also be traded – that is, bought and sold – on a trading platform.So, how will this Green Credit Programme actually work? What activiti...