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news Scmp World 2026-05-08

Amazon Carbon Credit Deal with India's Rice Farmers Boosts Global Markets

A US$30 million carbon credit deal between Amazon and India's Good Rice Alliance is expected to boost global carbon markets and promote climate-smart farming practices.


A US$30 million carbon credit deal by tech giant Amazon with India’s Good Rice Alliance will boost carbon markets globally, according to experts, potentially showing agriculture – as well as industry – can be at the heart of emission reductions. The organisation, primarily backed by Bayer and in collaboration with GenZero and Shell, is designed to transform emissions-heavy rice cultivation in India through scientific advances. It helps thousands of smallholder farmers adopt climate-smart growing...

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