In the Media
India: Govt plans tree credits, village forests to improve green cover
August 23, 2011
Times of India
The Maharashtra government will soon introduce the concepts of ‘tree credit’ and ‘village forests’ to improve green cover in the state. Both initiatives will be implemented by the social forestry department (SFD).
Elaborating on both concepts, Nitin Raut, minister for EGS and water conservation, said that Maharashtra would be the first state to introduce them. These concepts aim to improve the green cover of the state.
The tree credit will make conditions favourable for people to proactively grow and protect trees, by giving them appropriate, periodic financial returns. Explaining the working strategy, Raut said tree credits will be awarded in the form of certificates to growers, who may be individuals, institutions, industries etc, from time to time by the SFD or the forest department till the tree attains silvicultural maturity.
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Keywords: Asia, carbon offset, Forest, India, Maharashtra, SFD, village forest