Delhi Cabinet Approves Carbon Credit Framework to Monetise Emission Reductions

The Delhi Cabinet approved a Carbon Credit Monetisation Framework to generate revenue by converting emission reductions from green initiatives—such as electric buses, tree plantations, solar energy, and waste management—into tradable carbon credits. These credits will be sold in national and international markets, with proceeds deposited into the State's Consolidated Fund for development and public welfare. The framework operates on a revenue-sharing model with no upfront government expenditure, aiming to support environmental conservation and sustainable development.