Green Gold: Can India's Green Credit Programme Unlock a Sustainable Future?

In the global fight against climate change, India is taking a significant step forward with the launch of the Green Credit Programme (GCP) in October 2023. This innovative market-based mechanism aims to incentivize environmentally conscious practices and create a greener future for the nation.

This blog delves deeper into the Green Credit Programme, exploring its objectives, functionalities, and potential impact. We'll also analyze the current stage of development and future prospects, providing you with a comprehensive understanding of this groundbreaking initiative.

A Market for Environmental Benefits
The core concept of the GCP lies in creating a market for environmental benefits. Individuals, industries, and organizations can earn tradable "Green Credits" by undertaking activities that demonstrably benefit the environment. These activities can include: