Which of the following statements about ‘Green Credit Initiative’ is/are correct?
- 1. It is a response to the challenge of climate change.
- 2. It promotes plantations on wasteland and and river catchment areas.
- 3. It is a scheme of the Government of India to replace the kerosene oil with solar power used by the rural poor.
Select the correct answer using the code given below.
Statement 2 is correct. One of the initial focuses of the Green Credit Programme is tree plantation, including activities aimed at increasing green cover on wasteland and in river catchment areas.
Statement 3 is incorrect. The Green Credit Initiative is focused on creating a market for credits generated from various environmental activities. It is not a scheme specifically for replacing kerosene oil with solar power for the rural poor; that relates to energy access and renewable energy promotion schemes, which are different.