Headquarters
The Energy and Resources Institute (TERI)
Darbari Seth Block, Core 6C,
India Habitat Centre, Lodhi Road,
New Delhi - 110 003, India
The project is an ARR-based agroforestry carbon finance initiative implemented across six districts of Gujarat to enhance tree cover, improve farm productivity, and support rural livelihoods. Given the state’s relatively low forest cover, the project promotes the integration of commercially viable tree species into existing agricultural and barren lands. Led by Shri Hari Bhujal Vikas Mandal (SHBVM), the initiative supports farmers through quality planting material and technical assistance, while enabling additional income through carbon credit generation. TERI is supporting the development and technical structuring of the carbon project, with ReNew acting as the project investor. By scaling up plantation activities between 2020 and 2028, the project aims to deliver climate mitigation benefits through carbon sequestration.






