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The Economic Times

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Experts propose 'carbon bank' to monetise Maharashtra's ecological wealth

Maharashtra plans to create a 'Maharashtra Carbon Bank' to leverage its ecological resources for climate benefit. The proposed initiative aims to integrate carbon credits from bamboo, mangroves, and wetlands. Experts emphasize recognizing the economic value of these natural assets while promoting climate resilience. The initiative aligns with India's efforts to develop its carbon market through the Carbon Credit Trading Scheme.

27 Sep 2026 6:03 pm