Carbon Credits: Incentivising sustainable agriculture for the Indian farmer – Times of India

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Agriculture is one of the sectors that registered robust growth even during the COVID19 pandemic phase because of the necessity to feed the global population, its potential to support economic growth, create and sustain jobs and boost exports.

A farmer is probably the most exposed victim of the climate change food chain, subject to vagaries of nature such as unseasonal rainfalls, flash floods, and draughts.

The world today is hence entitled to build sustainability into the agri-ecosystem by providing opportunities to drive a new positive agenda for arable land, with benefits for climate, biodiversity, farm profitability, and farmer resilience, all of which are deeply interconnected.

Similarly, given the water-intensive nature of paddy cultivation instead of transplantation.

However, the use of boom sprayers/ drones in agriculture helps increase the efficiency of applying crop protection chemicals by reducing manpower, time, water & chemical consumption and saving drift to the environment along with reducing human exposure to chemicals.

While the immediate benefits of adopting these practices are evident in the yield and soil quality, demand for credible carbon credits from the voluntary carbon markets can further serve as an additional monetary incentive for the smallholder farmer.

Agtech startups setting up this architecture are activating and energising the agriculture sector into a new era of carbon credit-based incentive models encouraging farmers to adopt practices that are better for them in all aspects.

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