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The Economic Times
The Economic Times
National

Experts propose 'carbon bank' to monetise Maharashtra's ecological wealth

Mumbai: Establishing a dedicated 'Maharashtra Carbon Bank' built on the state's natural ecological assets could create a new framework for monetising ecological wealth while strengthening climate resilience, experts suggested here on Sunday.

Speaking at the Bamboo Economy & Sustainability Summit 2026, B N Kumar, director of NatConnect Foundation, proposed forming a 'Green-Blue Carbon Coalition' to bring bamboo, mangroves, wetlands, and forests under a unified scientific system for carbon measurement, certification, and credit generation.

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