Carbon Market
Recently, the Central Government has launched the Framework for Voluntary Carbon Markets in the Agriculture Sector.
- The objective of this initiative is to enable small and medium farmers to benefit from Carbon Credits as well as encourage eco-friendly farming systems.
- A voluntary carbon market is a trading system where individuals and organizations can voluntarily buy and sell carbon credits to compensate for greenhouse gas (GHG) emissions.
- Carbon credits are a type of tradable permit that, according to United Nations standards, is equivalent to removing one ton of carbon dioxide from the atmosphere.
- These carbon credits are generated from projects that are related to reduction ....
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