Arunachal advances carbon neutrality with green initiative

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ITANAGAR: The Hydro Power Development Corporation of Arunachal Pradesh Limited (HPDCAPL) took a significant step toward sustainability by hosting a day-long sensitization program on carbon neutrality here on Tuesday.

The event focused on raising awareness, promoting sustainable practices, and exploring the state’s potential in the carbon market. By bringing together key stakeholders from forestry, finance, and climate resilience, the initiative reinforced HPDCAPL’s commitment to environmental progress and a greener future.

State Chief Conservator of Forest Samuel Changkija, addressing the occasion, stressed the necessity of a structured roadmap and a robust carbon credit trading mechanism to achieve long-term environmental goals, an official communiqué informed here.

Associate director of Creduce Technologies, Kishan Prajapati, who was the resource person of the event, provided an in-depth analysis of carbon credits, the voluntary and compliance carbon markets, and India’s regulatory framework.

He highlighted Arunachal Pradesh’s immense potential in the carbon market, positioning it as a source of green jobs and revenue.

Chairman and Managing Director of HPDCAPL, Toko Onuj, reaffirmed India’s commitment to achieving net zero by 2070 and emphasised the urgent need to reduce greenhouse gas emissions. He also outlined HPDCAPL’s role as a carbon development unit in Arunachal Pradesh, spearheading sustainable growth initiatives.

NABARD assistant general manager (AGM) Varaprasad K, in his address, shed light on climate resilience, the bank’s Climate Change Fund (CCF), and the collaborative role financial institutions play in supporting carbon neutrality. Representatives from SBI, YES Bank, and other financial entities expressed their strong support for such sustainability-driven initiatives.

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