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- The Uttar Pradesh government will boost farmers’ incomes through ‘carbon finance’. It will encourage farmers to participate in the plantation drive.
- The Uttar Pradesh government has set a target of planting 36.50 crore saplings on July 20.
- The UP government has set a target to achieve net-zero carbon emissions by 2070.
- Farmers will gain additional income from carbon credits by planting fast-growing trees such as poplar, melia, dubia, and semal.
- In the first phase, Gorakhpur, Lucknow, Bareilly, Meerut, Moradabad, and Saharanpur districts have been selected for this initiative.
- Between 2024 and 2026, farmers will receive incentives of Rs 202 crore.
- In the first phase, Rs 50 lakh obtained from carbon credits will be distributed to 100 selected farmers in the Gorakhpur division.
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