Headquarters
The Energy and Resources Institute (TERI)
Darbari Seth Block, Core 6C,
India Habitat Centre, Lodhi Road,
New Delhi - 110 003, India
Project Overview: Developing Voluntary Carbon Market Projects for Agroforestry Plantations in Aligarh Forest Circle
The Aligarh Forest Circle Agroforestry Initiative is a carbon finance project designed to bridge the gap between climate mitigation and rural economic development. Launched in 2024, the initiative promotes strategic tree plantation on agricultural lands to enhance carbon sequestration while simultaneously boosting farm productivity.
The project is designed to promote sustainable agroforestry by encouraging tree plantation on agricultural lands, while generating measurable climate mitigation benefits and enhancing rural livelihoods. Implemented as an Afforestation, Reforestation, and Revegetation initiative under the Voluntary Carbon Market framework, it focuses on establishing tree plantations to enhance carbon sequestration, improve farm productivity, and deliver co-benefits such as biodiversity conservation and soil health restoration.
TERI is committed to offering expert training across various research fields to enhance the skills of both professionals and students. These courses aim to provide individuals eager to expand their knowledge and competencies in the sector with access to cutting-edge information.
ITC Mission Sunehra Kal (ITC MSK) project has been developed to assess the impact generated by the project’s programs. The objective is to determine the carbon sequestered as a result of ITC's interventions done through ITC’s MSK in seven different states, namely Andhra Pradesh, Maharashtra, Telangana, Karnataka, Tamil Nadu, Rajasthan, and Madhya Pradesh. The study's primary goal is to establish a baseline and estimate the Carbon stocks for ITC MSK's intervention areas.
The Land Resources Division of TERI is involved in developing Carbon Market Projects in the mangrove ecosystem of Sundarbans and Gujarat.
Developing voluntary carbon market project for Sundarban Tiger Reserve in India:
The main objectives of the Sundarban Carbon Finance project:
a. Baseline preparation on the socio-economic status and livelihood of communities in and around Sundarban Tiger Reserve (STR), West Bengal.
b. Assessment of carbon stocks in Sundarban Tiger Reserve, West Bengal.
The Land Resource Division of TERI has been actively involved in the rehabilitation/remediation of mined-out areas as well as the dissemination of rehabilitation technology through the implementation of pilot projects and training and capacity building.
The Watershed Development Department (WDD) of Karnataka is implementing the REWARD project with financial assistance from the World Bank. Currently being piloted in the states of Karnataka and Odisha, the project focuses on promoting climate-smart agriculture to bolster rural resilience. Initiated in 2021–22 and slated to continue through 2026–27, the initiative provides comprehensive solutions to farmers through scientific watershed development, encompassing production, processing, post-harvest management, and marketing.
The project is an ARR-based agroforestry carbon finance initiative implemented across six districts of Gujarat to enhance tree cover, improve farm productivity, and support rural livelihoods. Given the state’s relatively low forest cover, the project promotes the integration of commercially viable tree species into existing agricultural and barren lands. Led by Shri Hari Bhujal Vikas Mandal (SHBVM), the initiative supports farmers through quality planting material and technical assistance, while enabling additional income through carbon credit generation.