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ARTICLE · 17 SEPTEMBER 2018

Unlocking the Compensatory Afforestation Fund for Maximum Benefit

The long overdue Compensatory Afforestation Fund Rules, 2018 (CAF Rules) were recently notified by the Ministry of Environment, Forest and Climate Change.

IndiaEnvironment
  • The long overdue Compensatory Afforestation Fund Rules, 2018 (CAF Rules) were recently notified by the Ministry of Environment, Forest and Climate Change.
  • The principle of "compensatory afforestation" is embodied under the Forest (Conservation) Act 1980, which mandates the prior permission of the government for diversion of forest land for a limited set of non-forestry purposes.

The long overdue Compensatory Afforestation Fund Rules, 2018 (CAF Rules) were recently notified by the Ministry of Environment, Forest and Climate Change.

This significant development has been long overdue and has the potential to unleash a significant amount of funds for undertaking a variety of activities promoting afforestation, conservation, biodiversity, and contributing towards the overall goal of sustainable and environmentally friendly development.

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