Village in India banking on tree mortgages - News Summed Up

Village in India banking on tree mortgages


Village in India banking on tree mortgagesBy K. Rajendran / Thomson Reuters Foundation, WAYANAD DISTRICT, IndiaP. K. Madhavan stood proudly next to a young, sturdy mahogany tree, one of 100 he planted three years ago on his farm in Wayanad District in the southern Indian state of Kerala. Tea grows in a forest in Wayanad District, India, on Sept. 17 last year. Photo: AFPThe 84-year-old farmer is being paid to plant and protect trees through a “tree banking” scheme, the project at the heart of Meenangadi’s campaign to become India’s first carbon-neutral village. Wayanad District is suffering more than most, with the Kerala State Action Plan on Climate Change naming it as one of the state’s four hotspots. Vinayan, president of the village council.


Source: Taipei Times February 05, 2022 16:41 UTC



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