Today is Wednesday, February 7, 2024.
Not even two weeks passed since we posted about India "turning the tables" and taking on the role of validation in its Carbon Credit Trading Scheme and today we have another innovative step to report: India launches a framework for Voluntary Carbon Market in Agriculture Sector and Accreditation Protocol of Agroforestry Nurseries.
In fact, the press release is from January 29.
Accordingly, the Voluntary Carbon Market (VCM) in the agricultural sector of India is intended to encourage small and medium farmers to avail benefits of carbon credit.
"Introducing farmers to the carbon market will not only benefit them but also accelerate the adoption of environment-friendly agricultural practices".
According to the press release, the agriculture sector represents 18.6% of India GDP and 54.6% of the country's workforce.
With regard to the Accreditation Protocol of Agroforestry Nurseries, the Minister said that it "will strengthen the institutional arrangements for production and certification of planting material on a large scale to promote agroforestry in the country".
As such India, might set an example for sustainable agriculture worldwide, from the savannas in Africa to the rainforests of South America.
The government asked the Indian Institute of Agricultural Research (ICAR) to play an active role in this initiative.
Click at the image below for the press release. And as soon as we get more details, we will publish them for you.