The Compensatory Afforestation Fund aims at 1 Imposing Cess and Surcharge on conversion of forest la...........

Environment and Ecology Environment- Institutional Structure

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The Compensatory Afforestation Fund aims at.

1. Imposing Cess and Surcharge on conversion of forest land to non-forest land

2. Reducing the net carbon emission by mitigating deforestation activities

Which of the above statements is/are correct?

1 Only

2 Only

Both 1 and 2

Neither 1 nor 2

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Explanation:

Compensatory Afforestation involves undertaking Afforestation to compensate for loss of forest cover. The Fund that is collected through payments for diversion of forest land for non-fores purposes (like industrial or infrastructure projects) will be bifurcated as 10% of the monies to the National Fund, and 90% to the State Funds.