Green Credit Programme Rules 2023

Applies to

Voluntary participation by individuals, corporates, PSUs and ULBs undertaking eligible activities (initially tree plantation; expanding to water, sustainable agriculture and others).

Key points

• 8 eligible activity categories envisaged; tree plantation is the first operational one.
• ICFRE administers; credits transferable through a portal.
• Distinct from CCTS CCCs — Green Credits are not GHG-equivalent.

Practitioner questions

• Can corporates fulfil compensatory afforestation obligations through Green Credits?
• What canopy / survival evidence is required for credit issuance?

Sources

• MoEFCC GCP portal