● The Forest Advisory Committee (FAC), an apex body under MoEF tasked with adjudicating requests to raze forest land for commercial ends, has approved the Green Credit Scheme that could allow “forests” to be traded as a commodity.
● FAC has recommended that private players be allowed to raise plantations to be later used towards CA.
● If implemented, it allows the Forest Department to outsource its responsibilities of reforesting to non government participating agencies — private companies, village forest communities, etc.
● After three years, they would be eligible to be considered as compensatory forest land if they met the Forest De partment’s criteria.
● The participating agency will be free to trade its asset, that is plantation, in parcels, with project proponents who need forest land and the forest land would then be transferred to the Forest Department and be recorded as forest land.
0 comments:
Post a Comment