Скачать или смотреть Green Credit Rules 2023 | Lifestyle for Environment (LiFE) - Is it Fungible with Carbon Credits

MINISTRY OF ENVIRONMENT, FOREST AND CLIMATE CHANGE
NOTIFICATION
New Delhi, the 26th June, 2023
S.O. 2779(E).—Whereas, Government of India introduced ‘LiFE’– ‘Lifestyle for Environment’, as a grassroot, mass movement for combating climate change, enhancing environment actions to propagate a healthy and
[भाग II—खण् ड 3(ii)] भारत का राजपत्र : ऄसाधारण 7
sustainable way of living based on traditions and values of conservation and moderation, and for sustainable and
environment-friendly development.
And whereas, an innovative market-based mechanism is required to promote the LiFE movement which
aims at encouraging sustainable lifestyles by driving consumer/community towards behavioural changes to
incentivize environment friendly practices.
And whereas, to enable this, a Green Credit Programme is proposed to be launched at national level to
leverage a competitive market-based approach for Green Credits thereby incentivising voluntary environmental
actions of various stakeholders. Apart from incentivizing individual/community behavior, the Green Credit
Programme will encourage private sector industries and companies as well as other entities to meet their existing
obligations, stemming from other legal frameworks, by taking actions which are able to converge with activities
relevant for generating or buying Green Credits.
And whereas, Green Credits will arise from a range of sectors and entities, ranging from small-scale ones–
such as, individuals, Farmer Producer Organisations, cooperatives, forestry enterprises and sustainable agriculture
enterprises; to those being developed at the level of Urban and Rural Local Bodies, private sectors, industries and
organisations. Green Credits will be tradable outcomes and will act as incentives. In the beginning, Green Credits
will be made available to individual and entities, engaged in selected activities and who undertake environmental
interventions. These Green Credits will be made available for trading on a domestic market platform.
And whereas, an environmental activity generating Green Credits may have climate co-benefits such as
reduction or removal of carbon emissions. An activity generating Green Credits under Green Credit Programme may
also get Carbon Credits from the same activity under carbon market.
Now, therefore, in exercise of power conferred by sub-section 2(iii) of section 3 of the Environment
(Protection) Act, 1986 (29 of 1986), the Central Government has decided to institute a domestic voluntary market
mechanism -- the Green Credit Programme. The Central Government has now proposed a notification for ‘draft
Green Credit Programme Implementation Rules 2023’ for the information of the public likely to be affected thereby
and notice is hereby given that the said notification will be taken into consideration on or after the expiry of a period
of sixty (60) days from the date of publication of the draft in the official Gazette;
The objections or suggestions, which may be received from any person with respect to the said Notification
within the period specified above, will be taken into consideration by the Central Government;
Objections or suggestions, if any, may be addressed to the Joint Secretary, Ministry of Environment, Forest
and Climate Change, Indira Paryavaran Bhawan, Jor Bagh road, New Delhi - 110003, and may be sent to e-mail id:
[email protected]
1. Short Title and Commencement – (1) These rules may be called the Green Credit Programme Implementation
Rules, 2023.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. Objectives of the Green Credit Programme – (1) The main objectives of the Green Credit Programme (herein
after referred as ‘Programme’) are as follows: -
a. Create a market based mechanism for providing incentives in the form of Green Credits to individuals,
Farmer Producer Organisations, cooperatives, forestry enterprises, sustainable agriculture enterprises, Urban
and Rural Local Bodies, private sectors, industries and organisations for environment positive actions;
b. Create mass movement around environment positive actions and realise the vision of "Mission LiFE"
through pro-planet-people and entities.
3. Definitions – (1) In this framework, unless the context otherwise requires, the following definitions shall apply -
a. ‘Accredited Green Credit Verifier’ means an entity accredited and authorized by the Green Credit
Programme Administrator to carry out verification activities in respect of the Programme;
b. ‘Act’ means the Environment (Protection) Act, 1986 (29 of 1986), as amended from time to time;
c. ‘Green Credit’ means a singular unit of an incentive provided for a specified activity, delivering a positive
impact on the environment;
d. ‘Registered Entity’ means any entity, registered for generation of Green Credits;
e. ‘Registry’ means an electronic database system maintained by Green Credit Programme Administrator or its