Sustainable agriculture in India

Punjab, Assam, Bihar, Maharashtra, Andhra Pradesh, Karnataka

Extreme weather is causing significant problems for smallholder farmers and others who depend on agricultural value chains in developing countries. To help people adapt to changing conditions, governments, the private sector and development partners have become interested in the uptake and scaling of climate-smart agriculture (CSA). The primary reason to adopt Climate smart farming should be common sense: the farmers should adopt CSF because they see the direct economic benefits that help promote the well-being of their families and communities.

Farmers of 4 states

would be the beneficiaries of the economic development through maintenance of crop yields and reduction in input costs. Low income farmers will have access to low cost micro- finance.

Healthier crops and soil

by use of organic fertilizers, crop rotation and Integrated farming systems

Improved yield

Due to sustainable agriculture

Gender Equality

by providing increased income via sale of carbon credits.

Background of Project

Recurring drought is a major challenge in the Drought Prone Areas of states Maharashtra, Rajasthan and Madhya Pradesh. Worldwide, 500 million small-holder farms produce about 80% of the food consumed in Asia and sub-Saharan Africa, and provide livelihoods for more than 2 billion people. developing countries want to address climate change through the development framework. Thus, there is an urgent need for strategies that provide a “triple win”.

Punjab, Assam, Bihar, Maharashtra, Andhra Pradesh, Karnataka

The Project

Climate-Smart Agriculture (CSA) takes into consideration the diversity of social, economic and environmental contexts, including agro-ecological zones. Implementation requires identification of climate-resilient technologies and practices for management of water, energy, land, crops, livestock. And as the world moves to implement market-based measures to promote GHG mitigation, markets can offer an additional incentive for small-holder farmers to adopt climate smart practices.

The Benefits

• Reduced interest rate for farmers (Loan to farmers aimed to be at subsidised rates) even possibly a lower amount to be borrowed due to the unique financial model combining the benefits of both Carbon Finance and concessional Climate Finance.
• Increased source of income and new employment opportunities – via monitoring, maintenance etc.
• Reduced gender inequalities – Involvement of both men and women
• Capacity building and knowledge sharing
• Awareness and education on carbon markets
• Low income farmers to access low cost microfinance