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Home / Environment / Delhi Turns Pollution into Profit: Carbon Credits Earn Revenue

Delhi Turns Pollution into Profit: Carbon Credits Earn Revenue

14 Jan

•

Summary

  • Delhi government adopts Carbon Credit Monetisation Framework.
  • Green projects will generate tradable carbon credits for revenue.
  • Revenue will fund environmental protection without government burden.
Delhi Turns Pollution into Profit: Carbon Credits Earn Revenue

The Delhi government has officially adopted the 'Carbon Credit Monetisation Framework,' a pioneering move to generate revenue from its environmental protection efforts. This framework allows ongoing green initiatives, such as electric vehicle adoption and waste-to-energy projects, to produce tradable carbon credits.

These carbon credits, generated for every metric tonne of carbon dioxide reduced, can be sold in domestic and international markets. This strategy creates a no-financial-liability model, enabling departments like transport, power, and forests to convert green projects into revenue-generating assets, thereby accelerating development works and public welfare schemes.

The revenue earned will be deposited into the Consolidated Fund of the State, directly supporting pollution control and climate mitigation efforts. Delhi aims to become a leader in harnessing the benefits of the carbon market, positioning itself as a model for urban sustainability and climate finance.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Delhi will generate carbon credits from its green initiatives, which can be sold in national and international markets.
It's a framework that allows Delhi's environmental projects to earn revenue by selling carbon credits.
No, the framework operates on a no-financial-liability model, with revenue shared with agencies.

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