J&K proposes carbon credit framework to monetize green projects, with revenue sharing plan
brighterkashmir.comJammu and Kashmir is exploring a carbon credit framework to generate revenue from its green assets, including agriculture, hydropower, and forestry. The proposal includes a revenue sharing model that directs 35% of net proceeds to primary growers and community project owners, 30% to a Green Fund, and the rest to FPOs, district initiatives, and sector accounts. A 180 day roadmap is planned to inventory assets and run 5-7 pilot projects. The plan also includes a Green Tourism Contribution and digital monitoring platform with BISAG-N. The success will depend on data standards, verification, and avoiding double counting.
