Itanagar, Mar 25: The Hydro Power Development Corporation of Arunachal Pradesh Limited (HPDCAPL) successfully organized a one-day Sensitization Program on Carbon Neutrality at its corporate office in Itanagar. The event aimed at raising awareness, promoting sustainable practices, and exploring Arunachal Pradesh’s potential in the carbon market.
The program was graced by Shri Samuel Changkija, IFS, Chief Conservator of Forest (Environment & Climate Change), as the Chief Guest, while Shri Kishan Prajapati, Associate Director of Creduce Technologies, attended as the Resource Person, and Shri Varaprasad K, AGM of NABARD, was present as the Guest of Honour. The event saw active participation from various key stakeholders, including NHPC, DOEFCC, NABCONS, the Forest Department, and major financial institutions such as SBI, ICICI Bank, and YES Bank, highlighting the growing role of the banking sector in financing climate initiatives.
Shri Kishan Prajapati provided insights into carbon credits, voluntary and compliance carbon markets, and India’s regulatory framework, emphasizing Arunachal Pradesh’s vast potential in the carbon market as a source of green jobs and revenue. HPDCAPL CMD, Er. Toko Onuj, reaffirmed India’s Net Zero by 2070 commitment, stressing the urgent need to reduce greenhouse gas emissions while outlining HPDCAPL’s role as a Carbon Development Unit in Arunachal Pradesh. Shri Varaprasad K spoke on the significance of climate resilience, NABARD’s Climate Change Fund, and the collaborative role of financial institutions in supporting carbon neutrality. Representatives from financial institutions expressed their strong support for the initiative, recognizing its potential to drive sustainable development in the state.
Addressing the gathering, Chief Guest Shri Samuel Changkija emphasized the importance of a structured roadmap and a robust carbon credit trading mechanism to achieve sustainability goals effectively. The discussions underscored Arunachal Pradesh’s immense potential in the carbon market, offering new opportunities for green jobs and sustainable revenue generation. The involvement of financial institutions and NABARD’s Climate Change Fund further strengthened the initiative, ensuring structured carbon credit trading mechanisms that would contribute to both economic growth and environmental sustainability.
The program concluded with a vote of thanks delivered by Er. Takar Batak, Deputy Manager (E/M) of HPDCAPL, who expressed gratitude to all dignitaries and participants for their contributions. HPDCAPL reaffirmed its commitment to environmental conservation, aiming to lead Arunachal Pradesh in carbon credit initiatives and integrate the state into the global carbon market.
