At the COP30 Summit held in Belem, Brazil, India launched the "Global Green Credit Initiative (GGCI) 2.0". This upgraded framework focuses on incentivizing voluntary environmental actions by individuals and corporations beyond just carbon credits. It aims to create a market mechanism for water conservation and afforestation.
📚 Test Your Knowledge:
Where was the COP30 Summit held, where India launched the "Global Green Credit Initiative 2.0"?
Correct Answer: Belem, Brazil