📷 Image: Wikimedia Commons / UnpetitproleX
Business
Jammu & Kashmir Plans to Monetise Carbon Credits
✍️ Kashmir Life
🗓 26 Sep 2026, 04:02 AM
👁 9
The Union Territory of Jammu & Kashmir has announced a strategy to generate revenue by selling carbon credits, aiming to capitalize on its forest resources.
The Union Territory of Jammu & Kashmir has unveiled a plan to earn revenue through the sale of carbon credits. The initiative, announced by the territorial administration, seeks to leverage the region’s extensive forest cover to generate carbon offsets.
Carbon credits are tradable certificates that represent a reduction of one metric ton of carbon dioxide emissions. By preserving and managing its forests, Jammu & Kashmir can generate these credits and sell them on national and international markets.
The move is expected to provide an additional source of income for the territory, supporting environmental conservation efforts and contributing to local development projects. Officials have indicated that the program will be rolled out in phases, with detailed guidelines to be released soon.
Stakeholders, including environmental groups and local communities, have expressed cautious optimism, noting that the success of the scheme will depend on transparent monitoring and effective enforcement of forest protection measures.
Carbon credits are tradable certificates that represent a reduction of one metric ton of carbon dioxide emissions. By preserving and managing its forests, Jammu & Kashmir can generate these credits and sell them on national and international markets.
The move is expected to provide an additional source of income for the territory, supporting environmental conservation efforts and contributing to local development projects. Officials have indicated that the program will be rolled out in phases, with detailed guidelines to be released soon.
Stakeholders, including environmental groups and local communities, have expressed cautious optimism, noting that the success of the scheme will depend on transparent monitoring and effective enforcement of forest protection measures.