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.