Author: Dipti Barve
For the first and second carbon crops, Carbon by Indigo farmers were paid $30/credit, a 200 per cent increase over the original guaranteed payment rate. US based Indigo Ag, the premier sustainability partner of the agriculture industry, announced the completion of its second carbon crop, consisting of more than 110,000 agricultural carbon credits. Issued by one of the world’s most trusted carbon registries, the Climate Action Reserve, Indigo’s second crop of credits was produced by U.S. farmers enrolled in its industry-leading carbon farming program, Carbon by Indigo. The second crop of credits represents more than 110,000 metric tons of carbon…
– Dhruv Sawhney, COO and Business Head, nurture.farm Dhruv Sawhney, COO and Business Head, nurture.farm speaks to AgroSpectrum about the impact of the latest amendment in The Energy Conservation Bill, in August 2022, which empowers the central government to specify a carbon credit trading scheme and future of the carbon farming industry in India. Edited excerpts; How is nurture.farm contributing to the growth of the carbon farming industry in India? Agriculture and forestry are the only two industries that offer viable opportunities to remove carbon from the atmosphere and provide long-term storage in the soil to help sequester it. These…
source- shutterstock
The introduction and expansion of laws and policies that favour biofuels in APAC countries are predicted to increase demand for biofuels, particularly in the transportation. The global biofuels market size was valued at USD 140.42 billion in 2021 and is expected to reach USD 245.48 billion by 2028, at a CAGR of 7.61 per cent during the forecast period 2022-2028 according to the report by Precision Business Insights. In comparison to other regions, the market in Asia Pacific is anticipated to see the highest volume-based CAGR of 6.4 per cent over the forecast period. The introduction and expansion of laws…
By Dr Shyam Gunnamreddy, Founder & CEO, Samhitha Crop Care Clinics Blockchain technology gained extensive traction because of its vital role in the fintech sector. It has now been seen to have vast applications beyond cryptocurrencies and the agriculture sector is not an exception. Technology has drastically transformed the agriculture sector along with healthcare, real estate, banking, and so on. As per market predictions, blockchain is all set to become a game-changer in India with a whopping $176 billion of business potential by 2050. Considering the capabilities of blockchain, the agriculture sector in India is all set to propel it…
By Suraj Nair, Lead (TechSprouts), Ankur Capital How do we feed 10 billion people worldwide by 2050? Sounds simple enough? Produce more food, right? Sadly, it isn’t as straightforward as it seems. Agriculture is one of the largest contributors to greenhouse gas emissions (GHGs), uses the largest amount of water sources and is one of the highest polluting activities. Simply growing more food is unsustainable. So, let’s start answering the question by putting things in perspective: There is ample evidence to suggest that we are already growing enough food to feed more than 10 billion people. Despite this, hunger exists.…
By Tarun Arora, Director, Single Family Office, IG International Business-to-Business (B2B) is a business model in which the agritech sector obtains goods and/or services from another company. More than any other sector, agribusiness has the most to gain from a B2B business strategy. From the production of agricultural products to their marketing, B2B has revolutionised the industry’s customary internal processes. It has brought technology to the farm, thereby increasing output; it has opened up new markets by going directly to consumers; it has eliminated middlemen, thereby increasing the growers’ profit margin; and it has vastly improved logistics, which was a…
By Amit Sinha, Co-Founder, Unnati Agriculture, as we all know, is crucial to our sustenance, as it forms the foundation of our lives. Today, we cannot fathom an existence without agriculture, the primary source of our food, and given the growing population, the food requirements are only increasing further. India, a majorly agrarian economy and an emerging market, is among the top four food-producing countries in the world. However, despite over half of the country’s population being involved in agriculture, the sector was one of the slowest in technology adoption compared to others. Today, with technology being an integral part…
DeHaat aims to add more farmers on its agritech platform and broaden its service offerings Agritech startup DeHaat has raised $60 million in a Series E funding round co-led by existing investors Singapore’s Temasek Holdings and Belgium’s Sofina Ventures as it seeks to add more farmers on its agritech platform and broaden its service offerings. Other existing investors RTP Global Partners, Prosus Ventures and Lightrock India, also took part in the round. Incorporated in 1974, Temasek is an investment company headquartered in Singapore. Supported by 12 offices globally, Temasek owns a S$403 billion (US$297 billion) portfolio as at 31 March…
The ban was imposed after a truck transporting fish from Gaza was intercepted at the Rantis checkpoint. Israeli Ministry of Agriculture has banned the export of fish from the Gaza Strip to the occupied West Bank under the pretext that attempts have been made to smuggle fish into Israeli markets. According to the ministry, the ban was imposed after a truck transporting fish from Gaza was intercepted at the Rantis checkpoint on its way from the West Bank to Israel. This smuggling attempt included about 8.5 tons of fish and seafood that have not been monitored and may pose a real danger to public health. It…