India

NAGPUR: 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).

Afforestation and Reforestation (AR) projects under the Clean Development Mechanism (CDM) have faced various challenges, one of the key ones being the issue of ‘land eligibility’.

New Delhi: Himachal Pradesh's efforts in fighting climate change have been rewarded with the UN registering its multi-crore carbon trading scheme that involves providing green cover to barren 4,000 hectares in the state.

Under this scheme, over 5000 families from remote and backward villages will receive carbon revenue for the next 20 years from the World Bank for providing green cover to several areas in across 10 districts which were declared deforested before 1990.

The workshop to determine land eligibility for project development under Clean Development Mechanism (CDM) of UNFCCC and Voluntary Carbon Standards (VCS) will be held at the Park Hotel, Visakhapatnam, Andhra Pradesh, India on August 11, 2011.

Himachal Pradesh became the first State in the country on Sunday to sign an agreement with the World Bank for securing carbon credits for its ‘Clean Development Mechanism' project in 11 watershed divisions under Mid Himalayan Watershed Development Project.