Aditi Garg, CEO at Indore Smart City Development Limited tells us about her pioneering feat to earn from carbon credits from three eco-friendly projects that mitigated 1.7 lakh tonnes of carbon
Promotion
Amidst the climate crisis the world is facing, many governments are deciding to mitigate carbon emissions by banning fossil fuel cars and switching to greener alternatives.
However, the environment-friendly solutions are perceived infeasible for its heavy initial costs. This holds true, especially when it comes to spending taxpayers money for the greater good.
But, an IAS officer in Indore, Madhya Pradesh, has found a solution to monetise green projects by selling carbon credits earned for the projects and earning a revenue worth Rs 50 lakh from it.
A carbon credit is a tradable certificate or permissions obtained for the right to emit one tonne of carbon dioxide or other harmful greenhouse gases.
Chief Executive Officer of Smart City Project, Aditi Garg, says, “It is the first…