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‘India can be global green credit hub'
‘India can be global green credit hub'

Time of India

time2 days ago

  • Business
  • Time of India

‘India can be global green credit hub'

Lucknow: Sarojininagar MLA Rajeshwar Singh delivered an address at the National Conclave on Environmental Services & Environmental Musketeers Awards 2025 in New Delhi on Friday. The event was organised by the Services Export Promotion Council (SEPC) under the Ministry of Commerce & Industry. Speaking before a high-level gathering of policy experts, green entrepreneurs, and govt officials, Singh underscored the urgent need for intergenerational climate justice, calling climate action both a moral and constitutional duty. Citing alarming statistics — such as the risk of extinction facing over one million species — he warned of irreversible ecological damage unless urgent systemic reforms are undertaken. Singh highlighted India's untapped $1 billion carbon credit potential, noting that sectors like afforestation, EV infrastructure, and sustainable agriculture remain underutilised. "If leveraged correctly, India can emerge as a global green credit hub and drive SDG-aligned economic growth," he said. He called for policy reforms, improved verification mechanisms, and the integration of green credits into national frameworks. Advocating for a climate-ready workforce, Singh also stressed the need for green skilling programs to align India's youth with the demands of a low-carbon economy. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .

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