{"id":142895,"date":"2025-09-18T18:49:59","date_gmt":"2025-09-18T13:19:59","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=142895"},"modified":"2025-09-18T18:50:05","modified_gmt":"2025-09-18T13:20:05","slug":"green-credit-program-earn-rewards-for-a-greener-world","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/green-credit-program-earn-rewards-for-a-greener-world\/","title":{"rendered":"Green Credit Programme, Earn Rewards for a Greener World"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_77 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.oliveboard.in\/blog\/green-credit-program-earn-rewards-for-a-greener-world\/#Why_was_the_Green_Credit_Programme_Introduced\" >Why was the Green Credit Programme Introduced?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.oliveboard.in\/blog\/green-credit-program-earn-rewards-for-a-greener-world\/#How_does_the_Green_Credit_Programme_Work\" >How does the Green Credit Programme Work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.oliveboard.in\/blog\/green-credit-program-earn-rewards-for-a-greener-world\/#What_Activities_are_Covered_Under_the_Green_Credit_Programme\" >What Activities are Covered Under the Green Credit Programme?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.oliveboard.in\/blog\/green-credit-program-earn-rewards-for-a-greener-world\/#How_are_Green_Credits_Earned_and_Calculated\" >How are Green Credits Earned and Calculated?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.oliveboard.in\/blog\/green-credit-program-earn-rewards-for-a-greener-world\/#How_can_Green_Credits_be_Used\" >How can Green Credits be Used?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.oliveboard.in\/blog\/green-credit-program-earn-rewards-for-a-greener-world\/#How_is_the_Green_Credit_Programme_Different_from_Carbon_Credits\" >How is the Green Credit Programme Different from Carbon Credits?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.oliveboard.in\/blog\/green-credit-program-earn-rewards-for-a-greener-world\/#What_are_the_Benefits_of_the_Green_Credit_Programme\" >What are the Benefits of the Green Credit Programme?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.oliveboard.in\/blog\/green-credit-program-earn-rewards-for-a-greener-world\/#What_are_the_Concerns_and_Challenges\" >What are the Concerns and Challenges?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.oliveboard.in\/blog\/green-credit-program-earn-rewards-for-a-greener-world\/#What_is_the_Way_Forward\" >What is the Way Forward?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.oliveboard.in\/blog\/green-credit-program-earn-rewards-for-a-greener-world\/#How_does_the_Green_Credit_Programme_Align_with_Global_and_National_Goals\" >How does the Green Credit Programme Align with Global and National Goals?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.oliveboard.in\/blog\/green-credit-program-earn-rewards-for-a-greener-world\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.oliveboard.in\/blog\/green-credit-program-earn-rewards-for-a-greener-world\/#Questions_Based_on_National_Green_Credit_Programme_GCP\" >Questions Based on National Green Credit Programme (GCP)<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>The <strong>National Green Credit Programme (GCP)<\/strong> is an innovative, market-based mechanism. It has been launched by the Ministry of Environment, Forest and Climate Change (MoEFCC) in <strong>October 2023<\/strong>. It is designed to encourage voluntary environmental actions across multiple sectors by awarding \u201cgreen credits\u201d for eco-friendly activities.<\/p>\n\n\n\n<p>Unlike <strong>carbon credits<\/strong>, which focus mainly on reducing greenhouse gas emissions, the GCP covers a <strong>broader range of environmental initiatives<\/strong> such as tree plantation, water conservation, waste management, air pollution reduction, and mangrove restoration.<\/p>\n\n\n\n<p>The programme is aligned with the <strong>LiFE (Lifestyle for Environment) initiative<\/strong> announced by the Prime Minister at <strong>COP26<\/strong> and aims to build a \u201cPro-Planet People\u201d movement.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-was-the-green-credit-programme-introduced\"><span class=\"ez-toc-section\" id=\"Why_was_the_Green_Credit_Programme_Introduced\"><\/span>Why was the Green Credit Programme Introduced?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>India faces increasing challenges from <strong>climate change, deforestation, air pollution, and biodiversity loss<\/strong>. While policies like the <strong>Environment Protection Act, 1986<\/strong> and the <strong>National Environment Policy, 2006<\/strong> already exist, there was a need for a mechanism that:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Encourages voluntary participation<\/strong> in conservation efforts.<\/li>\n\n\n\n<li>Provides <strong>financial incentives<\/strong> for sustainable actions.<\/li>\n\n\n\n<li>Expands the scope of tradable credits beyond carbon to include other environmental measures.<\/li>\n\n\n\n<li>Helps India meet its <strong>international commitments<\/strong>, such as those under the <strong>Paris Agreement<\/strong> and the <strong>UN Decade on Ecosystem Restoration (2021\u20132030)<\/strong>.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/upcoming-government-exams\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">Check Upcoming Govt Exams<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-does-the-green-credit-programme-work\"><span class=\"ez-toc-section\" id=\"How_does_the_Green_Credit_Programme_Work\"><\/span>How does the Green Credit Programme Work?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The GCP functions through a <strong>structured framework<\/strong> of registration, implementation, monitoring, verification, and credit issuance.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Registration<\/strong> \u2013 Entities (individuals, companies, or communities) register their projects through the GCP online portal.<\/li>\n\n\n\n<li><strong>Implementation<\/strong> \u2013 Activities such as tree plantation are carried out, often by <strong>state forest departments<\/strong> or <strong>Central Public Sector Undertakings (CPSUs)<\/strong>.<\/li>\n\n\n\n<li><strong>Monitoring &amp; Verification<\/strong> \u2013 The <strong>Indian Council of Forestry Research and Education (ICFRE)<\/strong> monitors and verifies the progress.<\/li>\n\n\n\n<li><strong>Credit Issuance<\/strong> \u2013 Once activities are assessed and approved, green credits are issued based on specific methodologies.<\/li>\n\n\n\n<li><strong>Trading &amp; Use<\/strong> \u2013 Credits are stored in a <strong>Green Credit Registry<\/strong> and can be traded on a <strong>domestic market platform<\/strong>.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-activities-are-covered-under-the-green-credit-programme\"><span class=\"ez-toc-section\" id=\"What_Activities_are_Covered_Under_the_Green_Credit_Programme\"><\/span>What Activities are Covered Under the Green Credit Programme?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The GCP recognizes <strong>eight key categories<\/strong> of environmental activities:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Tree Plantation<\/strong> \u2013 Planting trees on degraded lands to enhance green cover.<\/li>\n\n\n\n<li><strong>Water Management<\/strong> \u2013 Initiatives to conserve, recycle, and use water efficiently.<\/li>\n\n\n\n<li><strong>Sustainable Agriculture<\/strong> \u2013 Promoting organic farming and reducing chemical use.<\/li>\n\n\n\n<li><strong>Waste Management<\/strong> \u2013 Implementing systems for waste reduction, segregation, and recycling.<\/li>\n\n\n\n<li><strong>Air Pollution Reduction<\/strong> \u2013 Measures to improve air quality, such as reducing emissions.<\/li>\n\n\n\n<li><strong>Mangrove Conservation &amp; Restoration<\/strong> \u2013 Protecting coastal ecosystems and biodiversity.<\/li>\n\n\n\n<li><strong>Ecosystem Restoration<\/strong> \u2013 Reviving degraded forests and natural habitats.<\/li>\n\n\n\n<li><strong>Other Pro-Planet Practices<\/strong> \u2013 Encouraging individual and community-driven eco-actions.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-are-green-credits-earned-and-calculated\"><span class=\"ez-toc-section\" id=\"How_are_Green_Credits_Earned_and_Calculated\"><\/span>How are Green Credits Earned and Calculated?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Earning credits under the GCP follows a transparent process:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Projects are registered online.<\/li>\n\n\n\n<li>A designated agency verifies activities.<\/li>\n\n\n\n<li>Credits are granted as per measurable outcomes.<\/li>\n<\/ul>\n\n\n\n<p>For instance:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Tree plantation projects<\/strong>: After two years of monitoring, if trees survive and grow successfully, each tree is counted as <strong>one green credit<\/strong>.<\/li>\n\n\n\n<li><strong>Other activities<\/strong>: Credits are calculated based on <strong>resource use, scope, size, and measurable environmental outcomes<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p><strong>Get ready to crack government job exams with leading educators<\/strong><\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/courses\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">Enroll in Online Live Classes Today!<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-can-green-credits-be-used\"><span class=\"ez-toc-section\" id=\"How_can_Green_Credits_be_Used\"><\/span>How can Green Credits be Used?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Green credits serve multiple purposes:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Offsetting Obligations<\/strong> \u2013 They can be used for compensatory afforestation by organizations diverting forest land.<\/li>\n\n\n\n<li><strong>ESG &amp; CSR Compliance<\/strong> \u2013 Companies can report credits as part of their <strong>Environmental, Social, and Governance (ESG)<\/strong> disclosures or to meet <strong>Corporate Social Responsibility (CSR)<\/strong> obligations.<\/li>\n\n\n\n<li><strong>Market Trading<\/strong> \u2013 Credits can be traded, allowing organizations without projects to buy credits to meet their sustainability goals.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-is-the-green-credit-programme-different-from-carbon-credits\"><span class=\"ez-toc-section\" id=\"How_is_the_Green_Credit_Programme_Different_from_Carbon_Credits\"><\/span>How is the Green Credit Programme Different from Carbon Credits?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Carbon credits mainly deal with reducing greenhouse gas emissions and are managed under the <strong>Carbon Credit Trading Scheme, 2023<\/strong>, which comes from the <strong>Energy Conservation Act, 2001<\/strong>. On the other hand, <strong>green credits<\/strong> cover a wider range of environmental actions such as <strong>water conservation, sustainable farming, waste management, and mangrove restoration<\/strong>. In some cases, a single activity may create <strong>co-benefits<\/strong>, meaning it can earn both <strong>carbon credits and green credits<\/strong> at the same time.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-are-the-benefits-of-the-green-credit-programme\"><span class=\"ez-toc-section\" id=\"What_are_the_Benefits_of_the_Green_Credit_Programme\"><\/span>What are the Benefits of the Green Credit Programme?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The benefits of the Green Credit Programme are as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Encourages Participation<\/strong>: Involves individuals, communities, businesses, and governments.<\/li>\n\n\n\n<li><strong>Financial Incentives<\/strong>: Creates a tradable market for sustainability actions.<\/li>\n\n\n\n<li><strong>Supports Climate Goals<\/strong>: Helps India achieve COP26 and Paris Agreement commitments.<\/li>\n\n\n\n<li><strong>Strengthens ESG Practices<\/strong>: Encourages corporate responsibility and sustainable reporting.<\/li>\n\n\n\n<li><strong>Ecosystem Restoration<\/strong>: Moves beyond tree count to focus on ecosystem health.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-are-the-concerns-and-challenges\"><span class=\"ez-toc-section\" id=\"What_are_the_Concerns_and_Challenges\"><\/span>What are the Concerns and Challenges?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>While promising, the GCP faces certain <strong>criticisms and risks<\/strong>:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Impact on Forest Ecology<\/strong> \u2013 Large-scale plantations on scrublands or grasslands may harm biodiversity.<\/li>\n\n\n\n<li><strong>Creation of \u2018Green Deserts\u2019<\/strong> \u2013 Plantations focused only on tree count may ignore ecosystem diversity.<\/li>\n\n\n\n<li><strong>Methodological Gaps<\/strong> \u2013 Lack of clarity in credit calculation and ecological assessment.<\/li>\n\n\n\n<li><strong>Pressure on Wastelands<\/strong> \u2013 Afforestation in grasslands may displace native species and disrupt ecological balance.<\/li>\n\n\n\n<li><strong>Monitoring &amp; Transparency<\/strong> \u2013 Ensuring fair verification and accountability remains a challenge.<\/li>\n<\/ol>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/test-series\/?ref=contac-ai\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt a free mock test Now!<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-the-way-forward\"><span class=\"ez-toc-section\" id=\"What_is_the_Way_Forward\"><\/span>What is the Way Forward?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To ensure long-term success, the programme should:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Adopt Biodiversity-Based Afforestation<\/strong> \u2013 Focus on planting <strong>native species<\/strong> rather than monocultures.<\/li>\n\n\n\n<li><strong>Integrate Technology<\/strong> \u2013 Use <strong>satellite imagery and remote sensing<\/strong> for monitoring.<\/li>\n\n\n\n<li><strong>Ensure Transparency<\/strong> \u2013 Define clear terms like \u201cdegraded land\u201d and share methodologies openly.<\/li>\n\n\n\n<li><strong>Promote Collaboration<\/strong> \u2013 Encourage participation from NGOs, communities, and private players.<\/li>\n\n\n\n<li><strong>Balance Development and Ecology<\/strong> \u2013 Ensure plantations and projects complement natural ecosystems.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-does-the-green-credit-programme-align-with-global-and-national-goals\"><span class=\"ez-toc-section\" id=\"How_does_the_Green_Credit_Programme_Align_with_Global_and_National_Goals\"><\/span>How does the Green Credit Programme Align with Global and National Goals?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>At the national level, the Green Credit Programme supports India\u2019s environmental policies such as the National Environment Policy (2006), the Energy Conservation Act (2001), and various afforestation measures. At the global level, it matches with the goals of the UN Decade on Ecosystem Restoration (2021\u20132030) and also helps India meet its promises under the Paris Agreement. <\/p>\n\n\n\n<p>In terms of climate finance, the programme works alongside tools like Sovereign Green Bonds and the Carbon Credit Trading Scheme, making India\u2019s efforts more comprehensive and impactful.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/previous-year-papers\/?ref=contac-ai\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt A free previous year paper <\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-key-takeaways\"><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Aspect<\/strong><\/td><td><strong>Details<\/strong><\/td><\/tr><tr><td><strong>Launched By<\/strong><\/td><td>Ministry of Environment, Forest and Climate Change (MoEFCC), October 2023<\/td><\/tr><tr><td><strong>Administrator<\/strong><\/td><td>Indian Council of Forestry Research and Education (ICFRE)<\/td><\/tr><tr><td><strong>Objective<\/strong><\/td><td>To incentivize voluntary environmental actions through a market-based approach<\/td><\/tr><tr><td><strong>Activities Covered<\/strong><\/td><td>Tree plantation, water management, sustainable agriculture, waste management, air pollution reduction, mangrove restoration<\/td><\/tr><tr><td><strong>Mechanism<\/strong><\/td><td>Registration &#8211; Implementation &#8211; Monitoring &#8211; Credit issuance &#8211; Trading<\/td><\/tr><tr><td><strong>Uses of Credits<\/strong><\/td><td>Compensatory afforestation, ESG &amp; CSR compliance, market trading<\/td><\/tr><tr><td><strong>Difference from Carbon Credits<\/strong><\/td><td>Covers broader environmental actions beyond CO\u2082 reduction<\/td><\/tr><tr><td><strong>Concerns<\/strong><\/td><td>Risk of monocultures, green deserts, unclear methodologies, ecological impact<\/td><\/tr><tr><td><strong>Way Forward<\/strong><\/td><td>Biodiversity-based afforestation, tech-enabled monitoring, transparent definitions<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-questions-based-on-national-green-credit-programme-gcp\"><span class=\"ez-toc-section\" id=\"Questions_Based_on_National_Green_Credit_Programme_GCP\"><\/span>Questions Based on <strong>National Green Credit Programme (GCP)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Q1. The National Green Credit Programme was launched in which year?<\/strong><br>a) 2020<br>b) 2021<br>c) 2022<br>d) 2023 <br>e) 2024<\/p>\n\n\n\n<p><strong>Q2. Which ministry is responsible for the Green Credit Programme?<\/strong><br>a) Ministry of Agriculture<br>b) Ministry of Environment, Forest and Climate Change <br>c) Ministry of Rural Development<br>d) Ministry of New and Renewable Energy<br>e) Ministry of Finance<\/p>\n\n\n\n<p><strong>Q3. Who administers the Green Credit Programme?<\/strong><br>a) NITI Aayog<br>b) Indian Forest Service<br>c) Indian Council of Forestry Research and Education (ICFRE) <br>d) Central Pollution Control Board<br>e) UNEP<\/p>\n\n\n\n<p><strong>Q4. Which initiative is the GCP aligned with?<\/strong><br>a) Make in India<br>b) LiFE (Lifestyle for Environment) <br>c) Swachh Bharat Abhiyan<br>d) National Solar Mission<br>e) AMRUT<\/p>\n\n\n\n<p><strong>Q5. Which of the following is NOT covered under GCP activities?<\/strong><br>a) Tree Plantation<br>b) Water Management<br>c) Sustainable Agriculture<br>d) Air Pollution Reduction<br>e) Space Research <\/p>\n\n\n\n<p><strong>Also Read:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Government Schemes<\/strong><\/td><td><strong>Government Schemes<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/www.oliveboard.in\/blog\/deen-dayal-upadhaya-gram-jyoti-yojana-ddugjy\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">Deen Dayal Upadhaya Gram Jyoti Yojana<\/a><\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/ayushman-bharat-scheme\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">Ayushman Bharat Scheme<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/www.oliveboard.in\/blog\/national-manufacturing-mission\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">National Manufacturing Mission<\/a><\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/national-broadband-mission-2-0\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">National Broadband Mission 2.0<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/www.oliveboard.in\/blog\/pm-dhan-dhaanya-krishi-yojana-pmddky\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">Pradhan Mantri Dhan Krishi Yojana<\/a><\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/stand-up-india-scheme\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">Stand Up India Scheme<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/www.oliveboard.in\/blog\/gst-2-0\/?ref=contc-aib\" target=\"_blank\" rel=\"noreferrer noopener\">All About GST 2.0<\/a><\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/anusandhan-national-research-foundation-anrf\/?ref=contac-aib\" target=\"_blank\" rel=\"noreferrer noopener\">Anusandhan National Research Foundation (ANRF)<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Q6. How many years after plantation does ICFRE assess tree survival for credits?<\/strong><br>a) 1 year<br>b) 2 years <br>c) 3 years<br>d) 4 years<br>e) 5 years<\/p>\n\n\n\n<p><strong>Q7. Which statement is correct about Green Credits?<\/strong><br>a) They are the same as Carbon Credits<br>b) They cover only air pollution activities<br>c) They can be used for CSR and ESG compliance <br>d) They are issued only by private companies<br>e) They replace carbon credits<\/p>\n\n\n\n<p><strong>Q8. What risk is associated with large-scale monoculture plantations under GCP?<\/strong><br>a) Creation of Green Deserts <br>b) Increased soil fertility<br>c) Boosting biodiversity<br>d) Improved groundwater recharge<br>e) None of the above<\/p>\n\n\n\n<p><strong>Q9. Which global initiative does GCP align with?<\/strong><br>a) UN Decade on Ecosystem Restoration (2021\u20132030) <br>b) Kyoto Protocol only<br>c) Paris Club Agreement<br>d) World Trade Organization (WTO) rules<br>e) SAARC Convention<\/p>\n\n\n\n<p><strong>Q10. Which of the following best describes the Green Credit Programme?<\/strong><br>a) A loan scheme for green projects<br>b) A trading system for voluntary environmental actions <br>c) A subsidy programme for renewable energy<br>d) A plantation-only initiative<br>e) None of the above<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-answer-key\">Answer Key<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Question No.<\/strong><\/td><td><strong>Correct Answer<\/strong><\/td><\/tr><tr><td>Q1<\/td><td>d) 2023<\/td><\/tr><tr><td>Q2<\/td><td>b) Ministry of Environment, Forest and Climate Change<\/td><\/tr><tr><td>Q3<\/td><td>c) Indian Council of Forestry Research and Education (ICFRE)<\/td><\/tr><tr><td>Q4<\/td><td>b) LiFE (Lifestyle for Environment)<\/td><\/tr><tr><td>Q5<\/td><td>e) Space Research<\/td><\/tr><tr><td>Q6<\/td><td>b) 2 years<\/td><\/tr><tr><td>Q7<\/td><td>c) They can be used for CSR and ESG compliance<\/td><\/tr><tr><td>Q8<\/td><td>a) Creation of Green Deserts<\/td><\/tr><tr><td>Q9<\/td><td>a) UN Decade on Ecosystem Restoration (2021\u20132030)<\/td><\/tr><tr><td>Q10<\/td><td>b) A trading system for voluntary environmental actions<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/how-to-clear-multiple-government-exams\/\">How Some Aspirants Clear Multiple Government Exams: Strategy, Discipline &amp; Exam Psychology<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/crop-diversification-program\/\">Crop Diversification Program, Transforming Indian Agriculture<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/important-government-schemes-nabard-grade-a\/\">Government Schemes for NABARD Grade A 2026<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/national-dairy-plan-phase-1-phase-2\/\">National Dairy Plan Phase 1 and Phase 2, Boosting India\u2019s Dairy Sector<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/mera-gaon-mera-gaurav-scheme\/\">Mera Gaon Mera Gaurav Scheme, Bridging Lab to Land<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/farmers-first-initiative\/\">Farmers First Initiative, Empowering Farmers Through Innovation<\/a><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>The National Green Credit Programme (GCP) is an innovative, market-based mechanism. It has been launched by the Ministry of Environment,<\/p>\n","protected":false},"author":52,"featured_media":142904,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14458,11544],"tags":[826],"class_list":["post-142895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-government-scheme","category-static-gk","tag-government-schemes","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Green Credit Programme, Earn Rewards for a Greener World<\/title>\n<meta name=\"description\" content=\"Government launches Green Credit Program, incentivizing eco-friendly efforts and supporting a healthier environment.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.oliveboard.in\/blog\/green-credit-program-earn-rewards-for-a-greener-world\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Green Credit Programme, Earn Rewards for a Greener World\" \/>\n<meta property=\"og:description\" content=\"The National Green Credit Programme (GCP) is an innovative, market-based mechanism. 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