The World Bank has sanctioned grant for pollution cap and trade scheme launched by the Government in the country. The grant is to the tune of US $ 500,000 under its Institutional Development Fund for the design of a Pilot Market based Emissions Trading Scheme against the estimated cost of US $ 577,185. This Scheme is also known as 'Cap-and-Trade', so as to address the issue of higher particulate matter in ambient air. The Government has undertaken the task to design the Pilot for a few select industrial areas of Gujarat, Maharashtra and Tamilnadu.
This information was given by the Minister of State for Environment and Forests (independent charge) Shrimati Jayanthi Natarajan in a written reply to a question by Shri Gajanan D. Babar in Lok Sabha.
Minister of State for Environment and Forests
20240830145952.gif)
20240925092649.png)
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
