- SFG FRC 2027 | Program starts from 19th Dec. 2026 | Admissions open for Entrance Test Click Here to know more →
- Prelims Test Series (PTS) for Prelims 2027 starts 11th Oct. 2026 Click Here to know more →
- [Pre-order] Ethics Redbook 3rd Edition: Delivery starts from 10th October onwards Click Here to Read More →
- 21 Sept. | GS Advance Program (GSAP) for UPSC 2027 Mains starts from 11th Oct. Click Here to Read More →
Source: The post is based on the article “Notification issued for Green Credit Program (GCP) and Ecomark scheme Under LiFE Initiative” published in “PIB” on 14th October 2023
What is the News?
Government of India has notified two initiatives Green Credit Programme(GCP) and Ecomark scheme.
What is the Green Credit Programme(GCP)?
Green Credit Programme(GCP) is a market-based mechanism that aims to incentivize voluntary environmental actions by various stakeholders like individuals, communities, private sector industries and companies.
Features of the programme: The program focuses on two key activities: water conservation and afforestation.
– These activities can earn green credits certificates.
– The certificates can be traded – that is, bought and sold – on a trading platform.
– To obtain these Green Credits, individuals and entities must register their actions through the government’s website. The Administrator verifies the activities and will then grant a Green Credit certificate.
Implementing and Monitoring Agency: The Indian Council of Forestry Research and Education (ICFRE)
What is Ecomark Scheme?
Ecomark Scheme provides accreditation and labelling for household and consumer products that meet specific environmental criteria while maintaining quality standards as per Indian norms.
Products accredited under this scheme will adhere to specific environmental criteria ensuring minimal environmental impact.
Administered by: Central Pollution Control Board in partnership with Bureau of Indian Standards(BIS).
Significance: Will build consumer awareness of environmental issues and encourage eco-conscious choices.
– Motivates manufacturers to shift towards environmentally friendly production.
