Jammu and Kashmir Plans Carbon Credit Revenue from Green Projects, Says Chief Secretary

Jammu and Kashmir's Chief Secretary Atal Dulloo announced that the union territory is exploring carbon credit revenue from its green energy and afforestation projects. The move aims to create a new income stream while supporting climate goals, though details on project types and credit verification remain unclear. Officials suggest that renewable installations, forest cover, and sustainable agriculture could qualify under voluntary or compliance carbon markets. Without clear accounting standards and third-party validation, the actual revenue potential depends heavily on how projects are registered and monitored over time. This announcement signals a broader trend of sub-national governments seeking carbon finance. For J&K, success will hinge on transparent baselines, credible issuance, and matching the right standards to each project category.