Gujarat forest dept inks MoUs totaling Rs 2,217 crore for Carbon Credits

Gandhinagar: In run up to the upcoming 10th Vibrant Gujarat Global Summit, the state forest department has entered into three Memorandums of Understanding (MoUs) totaling Rs 2,217 crore for carbon credits.

Sanjeev Kumar, Principal Secretary (Forest and Environment), on Tuesday stated that the Gujarat forest department has signed three MoUs worth Rs 2,217 crore to obtain carbon credits through the collaborative plantation of mangrove trees with local communities.

In a another move, 50 MoUs have been executed for tree plantation, nature education camps, resource persons, and knowledge exchange in the realm of wildlife conservation.

As part of the Summit, the state forest and environment department will host a seminar titled “Towards Net Zero” on January 12, focusing on the country’s commitment to combat global climate change. Union Minister for Environment, Forest and Climate Change, Bhupendra Yadav, is scheduled to inaugurate the seminar. DeshGujarat