Orbia Advance Company’s S.A.B. de C.V. Precision Agriculture enterprise Netafim, the worldwide chief in precision irrigation expertise, introduced at present a brand new carbon credit score program in Turkey in partnership with Virridy, a pioneer in environmental expertise and a pacesetter in water-focused carbon credit score technology. This system will start with greater than 1,000 hectares of farmland in Turkey, specializing in alfalfa, corn and sugar beet crops, and has already been proven to scale back not less than 3.5 CO₂e tons per hectare per yr.
This system incentivizes farmers to undertake sustainable and regenerative agricultural practices, similar to precision irrigation together with digital farming and automation options, that cut back greenhouse fuel emissions and improve carbon sequestration. This methodology of using carbon finance to ship confirmed water and environmental advantages is a mechanism that’s doubtless viable in different international irrigated areas as effectively.
This partnership builds on the success of Orbia Netafim’s current carbon credit score packages, together with the first-ever for drip-irrigated rice that was launched in 2022—which decreased methane emissions to just about zero whereas considerably conserving water, vitality and fertilizers. With this partnership, Orbia Netafim is increasing its carbon packages by implementing precision irrigation on alfalfa, sugar beet and corn farms in Turkey. The carbon credit generated via precision irrigation adoption will assist cut back greenhouse fuel emissions, enhance water effectivity and improve crop productiveness.
“Following Orbia Netafim’s management within the carbon house lately, we’re thrilled to take the subsequent step with this new carbon credit score initiative in Turkey and additional discover further nations the place this idea might create a significant affect,” mentioned Max Moldavsky, Director of Innovation and Local weather Options at Orbia Precision Agriculture (Netafim). “The partnership with Virridy reinforces our dedication in the direction of advancing sustainable agriculture globally. Carbon credit score packages profit farmers straight via improved water effectivity, lowered enter prices and a further income stream. By buying and buying and selling carbon credit, companies also can offset their emissions whereas gaining an important monetary buffer in an more and more unstable market.”
Virridy’s experience in water-focused carbon finance, mixed with Orbia Netafim’s management in precision irrigation, ensures a strong partnership for scaling sustainable agriculture. Virridy will lead carbon credit score technology efforts by leveraging its Digital Monitoring, Reporting, and Verification (DMRV) capabilities to quantify water and local weather profit with a scalable and sustainable finance mannequin for companions. Orbia Netafim’s agronomic experience and confirmed precision irrigation expertise will allow farmers to maximise yields whereas minimizing environmental affect. This system in Turkey builds on Orbia Netafim’s previous success, the place farmers achieved not less than a 25% improve in yield, together with improved water effectivity and decreased fertilizer use.
“Orbia Netafim’s management in precision irrigation has already delivered vital environmental and financial advantages,” mentioned Evan Thomas, CEO at Virridy. “We’re excited to create a brand new pathway for farmers to enhance water effectivity, cut back emissions and generate further income using carbon credit. This collaboration permits us to bridge agriculture and carbon finance to make sustainable practices extra accessible and financially viable for farmers around the globe.”
This yr marks the primary section for this system, with plans to scale considerably inside Turkey within the close to future and with sturdy potential to develop into further nations.
