The Green Credit Programme assigns economic value to environmentally beneficial activities that meet specified standards. Participants who carry out such actions can earn green credits, which may then be traded in a domestic market, creating financial motivation for conservation and restoration. This approach complements traditional regulation by rewarding proactive environmental stewardship across sectors.
Option A:
This option is incorrect because credits are performance-linked; there is no provision for unconditional subsidies to all industries.
Option B:
This option correctly summarises the programme’s logic of using tradable credits to reward positive environmental outcomes.
Option C:
Credits are not meant to legitimise indiscriminate forest conversion; land-use change must still comply with separate legal safeguards.
Option D:
The rules introduce an additional instrument and do not abolish existing environmental regulations; both types of tools are expected to work together.
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