Notice on the Compensatory Afforestation Fund Act, 2016

Laws and Policies

CCLW

CCLW national policies

The Compensatory Afforestation Fund Act, 2016

passed

Entry into force

Budget allocated

This Act sets the legal framework around funds providing for compensatory afforestation. The rationale behind this Act is notably articulated around the concept of net present value that encompasses services such as flood moderation and carbon sequestration.<br><br>The document further creates the National Compensatory Afforestation Fund Management and Planning Authority (CAMPA) and sets its composition and powers.&nbsp;<br><br>In May 2020, the government announced that it would allocate Rs 6,000 crore to create jobs among indigenous tribes, in order to enhance afforestation efforts and protect ecosystems.