INDORE: After registering three of its projects under VCS (verified carbon standard, USA) programme, Indore Municipal Corporation (IMC) has now prepared a list of seven environment-friendly projects that can generate carbon credits and help the civic body earn revenue.
IMC commissioner Pratibha Pal said that preparations to club over half-a-dozen projects eligible to get registration under VCS programme is on. “Once completed, we will apply for registration in separate packages to obtain maximum carbon credits,” the commissioner told TOI.
She said that they aim to complete the process within the next six months and sell the carbon credits that would be obtained from the new’ projects in the international market. “We are exploring every possibility to identify and register projects by clubbing them in different categories.
Projects such as decentralized composting by RWAs and bulk waste generators, home composting, as well as solar power plants operational in the city limits can also be clubbed and listed after registrations under the VCS programme separately,” she added.
Though this process to identify new projects was initiated by IMC in December last year, work on the same could not be completed owing to the second wave of Covid-19 pandemic.
Last year, IMC became the first civic body in the country to generate revenue by selling carbon credits received from United Nations Framework Convention on Climate Change (UNFCCC) under the VCS programme. IMC had generated carbon credits by reducing over 1.70 lakh tonne of carbon emission with help of projects like composting, bio-methanation and solar power plants.
Manish Dadkara, an official with the firm associated with IMC for a period of 30 years, and sell carbon credits obtained in the international market at a higher price.”
“A lot of other projects of IMC are there which can be registered under the VCS programme to generate more carbon credits and generate revenue out of it,” he added.
Source: TNN
