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 Indiaβs Good Rice Alliance will boost carbon markets globally, according to experts, potentially showing agriculture β as well as industry β 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...