"Tree credits" would be issued on the lines of carbon credits, a financial instrument for reduction in carbon emissions, to increase forest cover in the State from the current 20 per cent to the mandated 33 per cent, said Forest Minister Sudhir Mungantiwar said.
The proposal is aimed at encouraging people and certain industries and infrastructure projects to plant trees and earn credits, which can be sold like carbon credits and money can be earned.
Speaking to reporters at Mantralaya on the eve of the BJP-led Government's ambitious programme of planting two crore trees on July 1, Mungantiwar said a committee is being set up to study the system of tree credits and make recommendations for its implementation.
Referring to felling of trees in cities like Mumbai, he said the Forest Department has no control over the Tree Authority, which tackles this issue, and functions under civic bodies.
Also Read
Mungantiwar said a committee will be set up to look into amending existing laws and empower the Forest Department to regulate felling of trees in cities.
"The Government has decided to mark year 2017 as Mission Year for increasing forest cover in the state. The Mission will include creating a 'Green Army' of 10 lakh people that will protect trees and forests."
The rest 50 lakh trees will be planted by citizens, corporates, NGOs, schools, NCC, NSS students and others. Over 3 crore pits have been dug to plant these trees, he said.
The Forest Department has laid emphasis on ensuring survival of 80 per cent of the saplings that will be planted on July 1, the Minister maintained.