The credits are generated through the adoption of smart agriculture practices -- Alternate Wetting and Drying (AWD) and Direct Seeded Rice (DSR).
Since over a year, the project, which was being run on a pilot basis, has positively impacted 10,000 farmers, covering more than 25,000 hectares. Bayer and Mitsubishi are global leaders in the agriculture space while Shell is big in energy.
Called 'The Good Rice Alliance,' the pilots so far have already generated around 100,000 tonnes of carbon dioxide equivalent (tCO2e) methane emission reductions annually from agriculture, according to an official statement.
This story is from the October 19, 2024 edition of Business Standard.
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This story is from the October 19, 2024 edition of Business Standard.
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