Core CarbonX MD Addresses Agricultural Carbon Trading at ICAR-CRIDA Conference

Core CarbonX Solutions Pvt Ltd is proud to announce that our Managing Director, Mr. Niroj Mohanty, participated as a distinguished panelist at the International Conference on Rainfed Agriculture, discussing crucial aspects of Carbon Trading in Agriculture. The conference, focused on Building Pathways for Resilience & Sustainable Livelihoods, was hosted at ICAR-CRIDA, Hyderabad, on January 31, 2025.

Event Highlights

During the engaging panel discussion, Mr. Mohanty shared valuable insights into the current landscape of agricultural carbon markets, emphasizing the critical role of project developers despite their seemingly small presence in the vast carbon trading ecosystem. His presentation highlighted several key challenges facing the industry:

Key Discussion Points

Mr. Mohanty addressed four primary challenges in the agricultural carbon market:

1. Project Cycle Delays: The significant delays in carbon standard implementations are impacting project effectiveness and farmer participation.
2. Farmer Trust Issues: A growing concern about diminishing farmer confidence in carbon markets due to unrealized carbon revenue expectations.
3. Data Management Hurdles: The absence of standardized data capture mechanisms across the agricultural sector, hampering effective project monitoring and verification.
4. Technical Constraints: Current technological limitations in implementing dynamic Monitoring, Reporting, and Verification (dMRV) processes.

Collaborative Solutions

Mr. Mohanty emphasized the critical importance of stakeholder collaboration in addressing these challenges. He advocated for:

• Enhanced resource mobilization
• Stronger partnerships across the sector
• Improved mechanisms for carbon revenue distribution to farmers
• Promotion of sustainable agricultural practices

Looking Forward

This conference marks a significant step forward in addressing the challenges within agricultural carbon markets. Core CarbonX remains committed to developing innovative solutions that benefit farmers while promoting sustainable agricultural practices.

For more information about Core CarbonX’s initiatives in agricultural carbon trading, contact us.

Catch a Glimpse of the Event