J&K eyes revenue from Green Projects
SRINAGAR, SEPTEMBER 25: Chief Secretary, Atal Dulloo, today chaired a meeting to review the proposed Carbon Credit Framework for Jammu and Kashmir, aimed at unlocking the economic potential of the Union Territory’s ecological assets and creating sustainable revenue streams through carbon markets and green financing.
The meeting besides ACS, Finance was attended by Commissioner Secretary, Science & Technology; MD, JKPDC; Commissioner, JMC/SMC; DG, Resources; DG, A&T; DG, Budget; CEO, CITaG concerned officers and technical experts from CITaG.
The framework, presented by the Centre for Innovation and Transformation in Governance (CITaG) in collaboration with the Finance Department, envisages a comprehensive strategy built around four key pillarsconstitutingCarbon Markets, Green Cess, Convergence and a dedicated Green Fund.
Appreciating the preliminary work undertaken by CITaG, the Chief Secretary called for developing a comprehensive policy document supported by a well-defined Standard Operating Procedure (SOP) to ensure seamless implementation across the Union........
