Current Affairs · Environmental Initiatives
What is the key objective of India's Green Credit Programme, operationalised under the Environment (Protection) Act, 1986?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To enforce strict mandatory green financing regulations for the real estate sector
- 2To heavily penalize industries with a high carbon footprint
- 3To incentivize and reward voluntary environmental actions by individuals, communities, or private entities✓
- 4To issue mandatory green bonds exclusively for large-scale renewable industries
Correct answer
To incentivize and reward voluntary environmental actions by individuals, communities, or private entities
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