CREDUCE, a leading provider of Carbon Credits Origination and Offset solutions, has signed an MoU with the Gujarat Ecology Commission, formed by the Government of India, for a project-based activity on monitoring mangrove habitat plantation, marking an important milestone. The strategic cooperation aims to protect mangroves and restore 10,000 hectares of Gujarat’s coastal lands.
With climate change anticipated to shift or eliminate 50% of Indian mangroves by 2070, this initiative aims to protect and enhance mangrove cover. CREDUCE will provide carbon credit production, monitoring, and trading advice services for the project activities as part of the agreement. To ensure the effective execution of this game-changing project, the company will harness its knowledge and experience in nature-based solutions. It will be beneficial.
CREDUCE and Govt of Gujarat MoU
The MoU was signed in the presence of distinguished guests such as the Honorable Minister of Environment, Forests, and Climate Change (MOEF), Shri Mulu Bhai Bera, the Honorable Minister of State Gujarat, Shri Mukesh Patel, Gujarat Ecology Commission Member Secretary, Shri Mahesh Singh, and Principal Secretary of Environment & Forest Department, Gujarat, Shri Sanjeev Kumar IAS, among others.
“Protecting our biodiversity is our priority, and we are proud to partner with the government on its initiatives,” said Shailendra Singh Rao, Climateur & Founder CREDUCE. The central government has added to Bharat’s achievement in afforestation by including the Mangrove Initiative for Shoreline Habitats and Tangible Incomes (MISHTI) in its budget. Forward-thinking states like Gujarat have taken the initial step toward preservation and restoration, and we plan to support such beneficial initiatives by assisting them in reaping the greatest environmental advantages.”
“Gujarat as a state is rich in mangroves cover, which has consistently increased by two and a half folds in the last two decades,” said Shri Mahesh Singh, GEC Member Secretary. We can certainly claim to have the second largest in Bharat after the Sundarbans. We are beginning the process of restoration, preservation, and habitat plantation, and expect to become the largest in the country, thanks to Central Government initiatives and a favorable political outlook.”