Facts for Prelims (FFP)
Source: PIB
Context: The Indian government has introduced two green initiatives in preparation for the upcoming UN Climate Summit, COP 28 – Green Credit Program (GCP) and Ecomark scheme Under LiFE Initiative
| Initiative | Description |
| Green Credit Program (GCP) | A market-based mechanism designed to incentivize voluntary environmental actions across various sectors |
| Initial focus on water conservation and afforestation | |
| Indian Council of Forestry Research and Education (ICFRE) is responsible for the implementation, management, monitoring, and operation | |
| Individuals and entities earn Green Credits by registering environmentally friendly activities through a dedicated government app/website | |
| Ecomark Scheme | Provides accreditation and labelling for household and consumer products meeting specific environmental criteria while maintaining quality standards |
| Aims to raise consumer awareness of environmental issues, encourage eco-conscious choices, and motivate manufacturers to transition to eco-friendly production | |
| Administered by the Central Pollution Control Board in partnership with the Bureau of Indian Standards (BIS) |
