Finance Commission (FC) Incentive for creation of carbon sink India

[摘要] "The devolution of funds to states from the federal pool would be based on a formula that attaches 7.5 % weight to the area under forest. According to the estimations based on 14th FC data, this initiative has effectively given afforestation a massive boost by conditioning about USD 6.9 billion of transfers to the states based on their forest cover, which is projected to increase up to USD 12 billion by 2019-20. Implicitly, India is going to transfer to states roughly about USD 174 per hectare of forest per year which compares very favorably with other afforested countries."

[发布日期] 2015-01-01

[学科分类] 全球变化