ZCEC stands for Zero Carbon Emission Certificate. It is issued by Equalsgreen Afforestation Trust. It signifies that those hold this certificate have planted the required number of trees(calculated based of avg life-span, vehicle ownership, air travel frequency, electricity consumption in case of individuals and no. of employees, vehicle and electricity consumption in case of Corporate) through Equalsgreen.
The amount is arrived by calculating the quantum of emission (based on average life-span, vehicle ownership, air travel frequency, electricity consumption) and then how many trees are needed to balance that emission. To plant those trees on secured land, Equalsgreen finds out the cost of planting. The amount depends on profile and ranges from INR 50,000 to 90,000 for an individual.
The payment can be done through following options:
By Cheque :
The cheque should be drawn in the name of “EQUALSGREEN AFFORESTATION TRUST’
By NEFT :
Name of the Account Holder : Equalsgreen Afforestation Trust
Account No: 142005002203
IFSC : ICIC0001420
Bank Name: ICICI Bank Ltd
Branch: Jeevanbima Nagar, Bengaluru or Bangalore (IN)
Equalsgreen is registered as “TRUST” entity. The official name is “Equalsgreen Afforestation Trust”. It is registered and recognized by “The Govt. of Karnataka (India)”. The registered address in Trust Deed is No 204, 3D Cross, MM Skandasree, 550/82, Nagappa Layout, Subramanyapura Post, Bengaluru-560061.