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Home » News » National
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Himachal Pradesh’s Forest Resources Valued at Rs 22,600 Crore Annually

Indian Community Editorial TeamBy Indian Community Editorial TeamJune 19, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Himachal Pradesh’s Forest Resources Valued at Rs 22,600 Crore Annually
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Himachal Pradesh’s forest resources are valued at Rs 22,600 crore each year, offering a significant opportunity for the state’s economy and rural employment. A recent report titled “Counting Green Wealth, Towards a Future-Ready People’s Forest Economy in Himachal Pradesh” highlights the potential of these natural assets. The state’s forest cover has increased from 25.7% to around 28% of its geographical area, with a rise in tree cover as well.

Forests in Himachal Pradesh play a crucial role in storing an estimated 258 million tons of carbon, contributing significantly to India’s terrestrial carbon sink. The state’s efforts align with India’s climate commitments, aiming to create an additional carbon sink of 2.5-3.0 billion tons of CO2 equivalent by 2030. Himachal Pradesh’s initiatives, such as the biochar program using various biomass residues, position it as a potential leader in climate-positive forest economy pathways.

The report emphasizes the importance of a scientifically sound carbon strategy, stressing the need for detailed species-level inventories and robust monitoring systems. Successful initiatives like biochar and biofuel production demonstrate the potential to convert problematic biomass into valuable industrial resources, aligning with India’s sustainable development goals. This comprehensive study integrates ground data with advanced technologies to enhance forest resource assessment and species mapping.

AI Bharti Institute of Public Policy CO2 Forest Department Himachal Pradesh India Machine Learning Nationally Determined Contribution SDGs
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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