Potential of Carbon Credits in India's Agriculture Sector
In October, 2024, the Energy and Resources Institute (TERI) released a research paper under the title - “Potential of Carbon Credits in India's Agriculture Sector: Empowering Small Farmers for a Sustainable Future”.
Concept of Carbon Credits in Agriculture
- A carbon credit represents a reduction or removal of one metric ton of CO₂ or its equivalent in greenhouse gas (GHG) emissions.
- Farmers generate these credits by implementing sustainable practices that sequester carbon or lower emissions, such as planting trees or improving soil management.
Existing Types of Carbon Markets
- Compliance Markets: Regulated by governments to enforce emission reduction targets. Businesses buy ....
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