CARBON CREDIT PROJECT
Why Carbon Credit Project ?
Global warming and climate change are the most alarming issues we face today. Working toward sustainable practices is our only way to save our planet and future generations from the exhaustion of resources and further loss of a livable climate.
Stabilizing greenhouse gas (GHG) emissions from croplands as agricultural demand grows is a critical climate change mitigation strategy. Depending on management, the Agriculture, Forestry, and Other Land Use (AFOLU) sector can be both a source as well as a net sink for carbon. Currently, it contributes 25% of the global anthropogenic carbon emissions. Although India’s emissions from this sector are around 8% of the total national GHG emissions, it can contribute significantly to the country’s aspirations of reaching net-zero emissions by 2070.
Kairali Agriculture MSCS Ltd, through the Carbon Credit Project creates a team of farmers and provides them an opportunity to engage in sustainable farming and to reap the benefits from carbon credits generated from their agricultural lands.
Strategies Implemented
Better Land Use
Clean Development Mechanisms
Prevent Biomass Burning
Reduce Enteric Emissions
Climate Smart Farming
Better Manure and Fertilizer Management
Better waste Management
Sustainable Farming
Agroforestry
Running Project 1- “Carbon Credit Project” for Farmers
Welcome to the business plan of Lo Carbon Solutions, a leading climate tech company committed to addressing the pressing challenges of climate change by leveraging the potential of agricultural lands in India. Our pioneering project focuses on the generation and trading of carbon credits, empowering a cluster of farmers to participate in carbon markets and contribute to global efforts in carbon offsetting.
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As the world grapples with the escalating threats of climate change, it is essential for businesses and individuals to take proactive measures to reduce their carbon footprint. The agricultural sector, with its vast potential for carbon sequestration, offers a unique opportunity to mitigate greenhouse gas emissions and create a positive environmental impact.
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India, being one of the largest agricultural producers globally, possesses abundant agricultural lands that can serve as carbon sinks. However, small-scale farmers, who constitute a significant portion of the agricultural workforce, often lack the resources, knowledge, and access to markets necessary to participate in carbon credit programs. This is where Lo Carbon Solutions steps in, bridging the gap between these farmers and the carbon markets.
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Our project aims to establish a sustainable and mutually beneficial relationship between the farmers, who implement climate-friendly practices, and the businesses and organizations seeking to offset their carbon emissions. By partnering with these farmers and leveraging innovative technologies, we enable the quantification, verification, and certification of carbon credits generated through sustainable agricultural practices.
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With the convergence of environmental sustainability, technological innovation, and market demand, the time is ripe for Lo Carbon Solutions to emerge as a pioneering force in the climate tech sector. By harnessing the potential of agricultural lands and unlocking the value of carbon credits, we can drive positive change, strengthen the resilience of farming communities, and contribute to the global fight against climate change.
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The "Carbon Credit Project" is a transformative undertaking that aims to unite a team of farmers, encouraging them to voluntarily enroll their lands in this endeavor. By designating Lo Carbon Solutions as their dedicated consultant, these farmers will collaborate in the implementation of innovative carbon reduction strategies on their lands. Through the adoption of sustainable and environmentally friendly practices, carbon emissions from agricultural activities will be significantly reduced, making a positive impact on climate change and global warming issues.
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Lo Carbon Solutions is doing this project as a Joint venture with kairali Agriculture Multi State Co-operative Society (Implementation Agency) and till date around 10000 farmers are members of the project covering approximately 15000 acres of agricultural land.
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Key Impacts of the "Carbon Credit Project":
Climate Change Mitigation: By actively reducing carbon emissions through sustainable strategies, the project contributes to the global efforts to combat climate change and its adverse effects.
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Carbon Net Zero Commitment: The project aligns with India's commitment to achieving carbon neutrality by 2070, supporting the nation's efforts to transition to a low-carbon and sustainable economy.
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Carbon Credits and Incentives: The quantified and certified reductions in carbon emissions lead to the creation of valuable carbon credits, which can be traded in relevant markets. The revenue generated from carbon credit trading is shared equitably among the participating farmers, providing them with financial incentives for their sustainable practices.
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Sustainable Development Goals (SDGs): The "Carbon Credit Project" directly addresses 11 of the United Nations' Sustainable Development Goals (SDGs), such as:
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SDG 1: No Poverty
SDG 2: Zero Hunger
SDG 6: Clean Water and Sanitation
SDG 7: Affordable and Clean Energy
SDG 8: Decent Work and Economic Growth
SDG 12: Responsible Consumption and Production
SDG 13: Climate Action
SDG 15: Life on Land, among others.
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Environmental Preservation: The project fosters the conservation of natural resources, soil health improvement, and biodiversity conservation through eco-friendly farming practices
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Rural Development: By incentivizing farmers and promoting sustainable agricultural practices, the project contributes to the economic development of rural communities.
