Delhi Metro: First Train in world to earn ` 47cr carbon credit points
Delhi Metro has become the first such railway project in the world to get carbon credits from UN’s Clean Development Mechanism (CDM) under the Kyoto Protocol, for helping in reduction of greenhouse emissions. Delhi Metro Rail Corporation (DMRC) has helped in reduction in emission of harmful gases into the city’s atmosphere. In the process, it has earned carbon credits worth about Rs 47 crore annually for the next seven years. “With the increase in number of passengers, this figure shall increase. According to the UN, Delhi Metro has helped in reducing pollution levels in the city by 6.3 lakh tonnes every year, thereby helping in mitigating impacts of global warming. “Today, about 18 lakh people travel by Delhi Metro that is completely non-polluting and environment friendly. But for the Metro, these people would have travelled by cars, buses, two/three wheelers, which would have resulted in GHG emission.
Topics: Carbon credit • Carbon dioxide • Carbon finance • Clean Development Mechanism • Climate change mitigation • Climate change policy • Delhi Metro • Greenhouse gas • Kyoto Protocol • Law by country • Politics by country • United Nations Framework Convention on Climate Change
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