NEW DELHI, INDIA (Metro Rail News): The DMRC earned Rs 19.5 crore by selling 3.55 million carbon credits collected from 2012 to 2018 on Sunday.
In 2007, DMRC became the first metro in India registered by the United Nations under the Clean Development Mechanism (CDM), which enabled Delhi Metro to claim carbon credits for its Regenerative Braking Project.
CDM may be a project-based Green House Gas (GHG) offset mechanism under the Kyoto protocol allowing the public and personal sector in high-income nations the chance to get carbon credits from greenhouse gas emissions.
“The CDM projects are managed by the United Nations Framework Convention on global climate change (UNFCCC), an entity established to combat ‘dangerous human interference with the climate system’. The first CDM project of Delhi Metro was supported the regenerative braking technology. Carbon credits generated from this project till 2012 were sold for Rs. 9.55 crores,” said DMRC official.