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  • Published: Aug 30th, 2009
  • Category: India
  • Comments: 1

India expects forestry deal, extended carbon trading at global warming meet in Copenhagen

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NEW DELHI – An international climate change conference this year might produce an agreement to reward countries that excel in forestry management and an extension of a carbon credit trading scheme, India’s environment minister said Friday.

Minister of Environment and Forests Jairam Ramesh said he hoped governments represented at the meeting in Copenhagen in December would agree to prolong the Clean Development Mechanism, which allows for voluntary reductions in greenhouse gas emissions in developing countries to offset required reductions in industrial nations.

India – with the second highest number of projects registered under the mechanism for any country – expects to offset almost 10 per cent of its emissions by 2012, Ramesh told reporters at a news conference in New Delhi.

Deforestation is a major cause of greenhouse gases in the developing world, accounting for up to 60 per cent of emissions in countries including Brazil and India, he said.

India, on the other hand, has been promoting tree planting, increasing its forest cover by almost 2,471,000 acres (1 million hectares) a year, despite the pressure of population growth and rapid economic development. He did not specify how many years India has maintained that rate of the afforestation.

“More than a fifth of India’s land area is under forest cover … This already is neutralizing 11 per cent of India’s annual (carbon) emissions,” he said, adding that he was hopeful the countries that have done a good job of forestry management would be well rewarded.

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One Response to “India expects forestry deal, extended carbon trading at global warming meet in Copenhagen”

  1. Dip Jadeja
    on Sep 14th, 2009
    @ 3:18 am

    I am planting thousands of Jetropa trees on a property in India on an 100 acre property in Gujrat near a city Of Jamnagar since last four years. How can I find out what my options are for participating in Carbon trading in India. Are there any companies in India or overseas who would like to assist further in this project.
    Thank you.

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