Shimla, Jan. 29 -- The state government has constituted a Carbon Credit Committee under the chairmanship of additional chief secretary, forests, to explore various aspects of the carbon market and generate additional revenue for the state.

The ten-member committee will study the existing international and domestic carbon market in order to develop sector-specific study for the state. "This initiative seeks to enhance the capacity of the state government in identifying, developing and implementing carbon credit projects," said chief minister Sukhvinder Singh Sukhu, in a statement on Tuesday.

He added, "The committee will also work to identify the potential carbon credit projects in collaboration with various government departments. Addit...