Draft methodology for water harvesting based green credit

The Central Government has proposed a draft methodology for ‘Water Harvesting-based Green Credit’ under the Green Credit Rules, 2023. This draft was issued on 23rd October, 2023. These proposed amendments aim to further enhance the Green Credit Programme’s effectiveness in promoting sustainable water harvesting projects. The draft methodology has been published in the Official Gazette for public review. The Green Credit Rules, 2023, were published in the Gazette of India on October 12, 2023, providing a framework for green credit programs aimed at promoting environmental conservation initiatives. These rules empower the government to implement and regulate such programs effectively. The proposed methodology addresses water harvesting projects and outlines various parameters for their eligibility and verification under the Green Credit Programme: