The concept of pro-active 'Carbon Credit' will be promoted

Replace carbon credit with green credit: Narendra Modi.

Dec 02 2015|Live Mint|Full Article

Exhorting the Group of 20 (G-20) nations to shift from a system of carbon credit to “green credit”, Prime Minister Narendra Modi on Sunday said the group of economic powerhouses should ensure that finance and technology is available for countries to meet the universal global aspiration for clean energy in their efforts to tackle climate change.

"We have ambitious plans for addressing the challenges of climate change,” Modi told G-20 leaders at the working lunch on development and climate change. “We must meet the target of $100 billion goal per year by 2020. The G-20 countries should increase the share of traffic on public transportation in cities by 30% by 2030. We should shift from carbon credit towards green credit,” he added.

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