Friday, July 27, 2012

India to Invest USD 10 Billion National Action Plan for Climate Change by 2021

New Delhi (ABCNIS): The Indian Government has launched a National Mission for a Green India as part of the country's National Action Plan for Climate Change with a budget of Rs 46,000 Crores (approx.USD 10 billion) over a period of 10 years. 

Information to this effect was shared in Annual Report to the People on Environment and Forests released by Ministry of Environment and Forests.

The overarching objective of the Mission is to increase forest and trees cover in 5 million ha (m ha.) and improve the quality of forest cover in another 5 m ha.

Thus, the Mission will help in improving ecosystem services in 10 million ha. of land, and increase the flow of forest based livelihood services to, and income of, about 3 million forest dependent households.

Source: ABC Green News 

Dinesh Singh Rawat 's Views:

.USD 10 billion invest my a developing country is a huge money, so it should be use wisely, as there are reports that this sector is high corruption prone.

 

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