Why are states offering degraded forest land for green credits
Understand the reasons behind states offering vast areas of 'degraded' forest land for green credits and its impact.
- Boosting reforestation: Offering degraded forest land for green credits incentivizes reforestation efforts in areas that need restoration.
- Combatting climate change: Restoring degraded forests helps absorb carbon dioxide from the atmosphere, which is crucial in mitigating climate change.
- Economic benefits: Generating green credits can provide states with additional revenue streams while supporting sustainable land management practices.
- Biodiversity conservation: Restoring degraded forest land can help protect and enhance biodiversity by providing habitat for various plant and animal species.
- Sustainable development: Utilizing degraded forest lands for green credits promotes sustainable land use practices and contributes to achieving environmental goals.
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a year ago