{"id":15838,"date":"2023-10-14T10:46:28","date_gmt":"2023-10-14T05:16:28","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=15838"},"modified":"2025-04-03T20:11:54","modified_gmt":"2025-04-03T14:41:54","slug":"gcp","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/gcp\/","title":{"rendered":"What is the Green Credit Programme (GCP)?"},"content":{"rendered":"<h2><strong>About Green Credit Programme (GCP)<\/strong><\/h2>\n<ul>\n<li>GCP aims to\u00a0<strong>incentivise environmentally conscious practices<\/strong> and\u00a0<strong>promote a sustainable lifestyle<\/strong> through a\u00a0<strong>market-based mechanism<\/strong>.<\/li>\n<li>As per the scheme,\u00a0<strong>individuals, industries,<\/strong> farmers producer\u2019s organisations (FPOs), urban local bodies (ULB), gram panchayats,\u00a0<strong>and the private sector,<\/strong> among a host of other entities,\u00a0<strong>will be able to earn green credit for undertaking environment-friendly actions<\/strong>.<\/li>\n<li>Green credits generated through such actions\u00a0<strong>can be traded on a domestic market platform.<\/strong><\/li>\n<li>These\u00a0<strong>Green Credits will be over and above<\/strong> the current discourse of\u00a0<strong>carbon credits<\/strong>.\u00a0<strong>Any activity<\/strong>\u00a0<strong>generating<\/strong>\u00a0<strong>green credits<\/strong> under the GCP\u00a0<strong>will also receive carbon credits<\/strong> under the Carbon Credit Trading Scheme\u00a0<strong>if it leads to the reduction or removal of carbon emissions.<\/strong><\/li>\n<li>According to the rules, environment-friendly\u00a0<strong>actions include<\/strong>\n<ul>\n<li><strong>tree plantation<\/strong><\/li>\n<li><strong>water management<\/strong><\/li>\n<li><strong>sustainable agriculture<\/strong><\/li>\n<li><strong>waste management<\/strong><\/li>\n<li><strong>air pollution reduction<\/strong><\/li>\n<li><strong>mangrove conservation<\/strong> and restoration<\/li>\n<li><strong>ecomark label development<\/strong><\/li>\n<li><strong>sustainable building<\/strong> and infrastructure<\/li>\n<\/ul>\n<\/li>\n<li>Apart from incentivizing individual\/community behavior, the GCP\u00a0<strong>will encourage private sector industries<\/strong>\u00a0<strong>and companies,<\/strong> as well as other entities, t<strong>o meet their existing obligations,<\/strong>\u00a0<strong>stemming from other legal frameworks<\/strong>, by taking actions that are able to converge with activities relevant for generating or buying Green Credits.<\/li>\n<li>The\u00a0<strong>green credits generated<\/strong> or procured\u00a0<strong>by industries<\/strong>, companies and other entities\u00a0<strong>to fulfil any legal obligation cannot be traded.<\/strong><\/li>\n<li><strong>Implementing Agency:<\/strong> The\u00a0<strong>Indian Council of Forestry Research and Education (ICFRE)<\/strong>, an autonomous organisation\u00a0<strong>under the MoEFCC<\/strong>, is responsible for effectively implementing the Green Credit programme, including its management and operation.<\/li>\n<li><strong>Phases<\/strong>:\n<ul>\n<li>The programme will be\u00a0<strong>implemented in phases.<\/strong><\/li>\n<li><strong>In the initial phase, two to three activities<\/strong> from the chosen sectors will be considered,\u00a0<strong>and more activities will be added subsequently.<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<hr \/>\n<h3>Q1) What is the Indian Council of Forestry Research and Education (ICFRE)?<\/h3>\n<p>Indian Council of Forestry Research and Education (ICFRE), an apex body in the national forestry research system, has been undertaking the holistic development of forestry research through need based planning, promoting, conducting and coordinating research, education and extension covering all aspects of forestry. The Council deals with the solution based forestry research in tune with the emerging issues in the sector.<\/p>\n<p><strong>Source: <\/strong><a href=\"https:\/\/www.devdiscourse.com\/article\/science-environment\/2639382-carbon-emission-reducing-practices-under-green-credit-programme-will-earn-carbon-credits-too-govt\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><u>Carbon emission reducing practices under Green Credit Programme will earn carbon credits too: Govt<\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Green Credit Programme aims to incentivise environmentally conscious practices and promote a sustainable lifestyle through a market-based mechanism.<\/p>\n","protected":false},"author":5,"featured_media":15839,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-15838","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/15838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=15838"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/15838\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/15839"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=15838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=15838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=15838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}