Rajasthan Agriculture Department Partners with IORA for Carbon Credit Pilot Project
The Rajasthan Agriculture Department has signed an agreement with IORA Ecological Solutions to launch an Agricultural Land Management Carbon Project. The initiative aims to help farmers access carbon finance through practices that reduce emissions, such as plantation, micro-irrigation, and solar pumps. A pilot project will be conducted in Bansur, Mahuwa, and Malpura blocks, with potential expansion statewide. Eligible farmers will receive payments based on emission reductions per hectare.
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The Rajasthan Agriculture Department has partnered with IORA Ecological Solutions to implement an Agricultural Land Management Carbon Project aimed at enabling farmers to access carbon finance. This initiative focuses on activities that reduce carbon emissions, including plantation, micro-irrigation, farm ponds, and solar pumps.
Under the Carbon Credit Trading Scheme 2023, a pilot project will launch in selected blocks: Bansur, Mahuwa, and Malpura. Farmers using practices like fertilizer management and tree plantation will qualify for payments based on carbon emission reductions. The project promotes an economic mechanism for trading carbon credits, allowing entities to manage greenhouse gas emissions effectively.
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