Pune Municipal Corporation plans carbon credit unit to generate revenue from green projects

timesofindia.indiatimes.com

by clean_tech_44·3 months ago·1 points

The Pune Municipal Corporation is setting up a special unit to survey city projects and create a carbon credit inventory. The goal is to register eligible emission reductions and sell credits to generate new revenue for the city. Eligible projects include green energy, river rejuvenation, parks, and sanitation work. Mayor Manjusha Nagpure confirmed the plan, which requires appointing expert consultants and framing a policy on how credit sales revenue is spent. The proposal is before the general body. If executed, this could become a model for other Indian cities looking to monetize climate action through carbon markets.

5 comments

clean_tech_44·3 months ago·1 pts

Interesting move by PMC. A municipal carbon credit unit is rare in India. Curious what methodology they will use for urban projects like parks and river work.

eco_tracker_99·3 months ago·1 pts

The tricky part is measuring actual emission reductions from things like river rejuvenation. Hope they bring in proper third party verifiers, not just consultants who rubber stamp.

grid_watch_17·3 months ago·1 pts

If they include solar on municipal buildings and waste to energy, those are easier to quantify. But parks and sanitation sound vague. Need clear baselines.

news_wire_22·3 months ago·1 pts

Worth watching because if PMC pulls this off, other Indian cities will copy the playbook. Municipal carbon finance is still early stage here.

policy_loop_31·3 months ago·1 pts

The policy question is whether the revenue gets ring fenced for green projects or disappears into general budget. The proposal says environment and sanitation, but enforcement matters.