4 months ago
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The Delhi Cabinet connected Tuesday (January 13, 2026) approved a connection for implementation of a ‘Carbon Credit Monetization Framework’ done the Department of Environment, according to the Chief Minister’s Office.
Under this framework, the Delhi Government volition present beryllium capable to make gross by selling c credits achieved done its assorted greenish projects successful planetary markets.
Chief Minister Rekha Gupta said that the Delhi authorities is afloat committed to combating clime alteration and the implementation of the ‘Carbon Credit Monetisation Framework’ volition supply the authorities with an further root of revenue, which tin beryllium utilized for accelerating improvement works.
“This volition not lone beforehand biology conservation, but the gross generated volition besides beryllium deposited into the Consolidated Fund of the State and utilised for nationalist payment schemes. This volition heighten the ratio of assorted departments and supply citizens with the benefits of a cleaner and healthier environment,” the CMO said successful a statement.
Currently, the Delhi authorities operates electrical buses, undertaking large-scale plantation drives, promoting star energy, and implementing discarded absorption initiatives, each of which lend to reducing c emissions.
“Under the caller policy, the simplification successful contamination achieved done these initiatives volition beryllium scientifically measured and registered arsenic c credits. These credits tin past beryllium sold successful nationalist and planetary c markets, enabling the Delhi Government to gain revenue,” the CMO said successful a statement.
Through a transparent tender (RFP) process, the Environment Department volition prime a specialised agency, which volition place which schemes tin make c credits, and volition besides undertake documentation and registration successful accordance with planetary standards, arsenic per the Delhi government.
“The full process volition beryllium based connected a revenue-sharing model, meaning that the authorities volition not person to incur immoderate expenditure. A information of the gross generated volition spell to the agency, portion the larger stock volition accrue to the authorities exchequer,” the connection said.
The Chief Minister further said that done this initiative, the Delhi authorities is not lone starring India’s commitments against clime change, but is besides opening caller fiscal pathways for sustainable development. Delhi volition present look arsenic the country’s starring authorities to harness the benefits of the c market.
