Union Minister of MoEF emphasises need for green credit at UNFCC meet

Q.  Union Minister of Environment, Forests and Climate Change Prakash Javadekar on 27th September 2015 has discussed the need to promote which type of credit?
- Published on 28 Sep 15

a. Solar credit
b. Green credit
c. Carbon credit
d. Oxygen credit

ANSWER: Green credit
 
Union Minister of Environment, Forests and Climate Change, Prakash Javadekar has spoken about the need to promote green credit rather than carbon credit at the Second Meeting of the Business Dialogue for COP21 under UNFCC. Aim is to ensure polluters do not get away with it through payment for carbon emissions. World should incentivise green growth activities as Green Credit rather than Carbon Credit Mechanism which provides a way out for emitters to get away with having polluted the environment. Demand supply mismatch and low admission for emission reduction will lead to slowdown of Clean Development Mechanism market.

Related Content

➨ Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)
▲