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Pollution cap and trade scheme launched
06
Sep '11
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


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