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policy instrument · 4 August 2024
Birsa Harit Fund
Jurisdiction countryIndia
Instrument typegrant-rd
Authoritygovernment
PathwaysAfforestation/reforestation
Scopecarbon removal only
Statusoperational
DetailLaunched by Jharkhand government's rural development department in collaboration with Transform Rural India (TRI). Part of Birsa Harit Gram Yojana scheme (launched 2020). Supports over 100,000 farmers over 20 years through carbon sequestration via tree plantation on one-acre plots. Farmers paid for carbon removal units achieved through MoU with Rabobank, with payments transferred directly to farme
Monetary noteRs 500 crore (~USD 60 million equivalent) to be utilised over 20 years
Stated statusoperational
Pathway scopespecific
Pathway notesupports farmers planting saplings/trees on one-acre plots for carbon sequestration via plantation
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