Cos may earn C-credits for investing in forests
: Is there a winwin formula to involve private participation in preserving the country's green cover? The environment ministry is contending with a proposal to allow private funding into greening of the government-held reserve forests and in return letting them earn carbon credits. Though at a nascent stage, the discussions could lead to a new format to get private funding into the forestry sector that faces a serious cash-crunch. The discussions in the ministry come after government put an end to a far more controversial move to hand over degraded forest lands to private players