State govt. to implement Coastal Restoration Mission at cost of ₹1,675 crore
The State government on Thursday launched its fourth ambitious climate change mitigation mission called “Tamil Nadu Sustainably Harnessing Ocean Resources and Blue Economy (TN-SHORE), also known as Tamil Nadu Coastal Restoration Mission.
With assistance from the World Bank, the State would be pumping in a whopping Rs 1,675 crore over the next five years to arrest sea erosion, reduce marine pollution and conserve marine biodiversity.
A G.O. in this regard was issued by Supriya Sahu, Additional Chief Secretary, Environment, Climate Change and Forests Department. Chief Minister MK Stalin has made multiple references to this mission during public forums but is taking shape now.
Under the mission, the government will set up a special purpose vehicle “Tamil Nadu Blue Carbon Agency” to ensure dedicated and focused attention on overseeing the preservation and restoration of targeted coastal ecosystems, including mangroves, seagrass and salt marshes.
This initiative will not only enhance ecosystem services but will also create a framework for trading carbon credits.