Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year

The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...

04 november 2024

Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future

Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...

28 october 2024

Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

LIBF India offers a promising initiative for environmental sustainability

10 october 2023

The London Institute of Banking & Finance (LIBF) India has announcement a new green credit programme to incentivize eco-friendly endeavors of the country's individuals, cooperatives, private sector industries, farmer groups, forestry enterprises, and urban and rural local bodies among others.

A central pillar of this initiative is a dedicated push for green growth, manifesting in the form of a groundbreaking 'green credit programme' under the purview of the Environment (Protection) Act. The program aims to "incentivize environmentally sustainable and responsive actions by companies, individuals, and local bodies" while mobilising additional resources for such activities.

The 'green credit programme' represents a pivotal step forward in this environmental journey, uniquely incentivizing eco-friendly actions across a spectrum of stakeholders. Notably, this program extends beyond traditional carbon credits, assigning monetary value to a diverse range of pro-environment endeavours.

The Indian Council of Forestry Research and Education (ICFRE) will spearhead the design of a trading platform for green credits in collaboration with a steering committee comprising domain experts and representatives from concerned ministries and industry associations. An accredited trading service provider will oversee the operation of this platform.

“Green Credit Programme is a significant leap towards a sustainable future, which broadens the scope of environmental incentives. Despite challenges, these innovative pursuits are imperative as we strive to align economic progress with the well-being of our planet.” says Aastha Arora, Learning and Development Consultant at The London Institute of Banking & Finance (LIBF) India.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished