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Water Green Credits: A Sustainable Solution for Conservation

Syllabus: GS-2: Government Policies & InterventionsInternational Treaties & Agreements GS-3: Renewable Energy Focus: The Indian government’s Mission LiFE initiative has introduced Water Green Credits, modeled after carbon credits, to promote water conservation, rainwater harvesting, and efficient usage. This market-driven mechanism aims to address India’s alarming groundwater depletion by incentivizing industries, farmers, and individuals to optimize …