

India's Compensatory Afforestation Fund (CAF) Bill 2015 : A Green Economy Bill ? Analysis of its
India’s forests are facing huge economic and social pressures that threaten their existence. In 2014, a High Level Committee on Environmental Laws observed that the quality of the country’s forest cover has constantly been declining from 1951, this in spite of the increase of forested areas. The poor quality of compensatory afforestation programs has been flagged as one of the causes behind the degradation. India’s CAF Bill of 2015 was designed to provide for a financial sch