Compensatory Afforestation Fund Management and Planning Authority (CAMPA)

• It has been created by the Ministry of Environment, Forests and Climate Change(MoEF&CC).
• The Compensatory Afforestation Fund (CAF) Act was passed by the centre in 2016 and the related rules were notifi ed in 2018.
• till then was managed by ad hoc Compensatory Afforestation Fund Management and Planning Authority (CAMPA).
• The law establishes the National Compensatory Afforestation Fund under the Public Account of India and a State Compensatory Afforestation Fund under the Public Account of each state.
• These Funds will receive payments forcompensatory afforestation, the net present value of forest (NPV), and other project-specifi c payments.
• The National Fund will receive 10% of these funds, and the State Funds will receive the remaining 90%.
• According to the Act’s provision, a company diverting forest land must provide alternative land to take up compensatory afforestation.
• For afforestation, the company should pay to plant new trees in the alternative land provided to the state.