AGCO, the global agricultural machinery manufacturer that owns brands such as Fendt, Valtra and Massey Ferguson, announced recently that it would conduct agronomic research trials and field demonstrations this year in four countries to help farmers add soil carbon sequestration to their operations.
The company said in a statement that the rapidly evolving carbon credit market offered a potentially lucrative revenue channel for farmers in which they could contribute to mitigating climate change in addition to feeding the world’s growing population.
DYNAMIC CARBON CREDIT MARKET
“Carbon sequestration’s revenue potential for farmers through carbon credits incentivises adoption, investment and innovation for the betterment of our climate,” said Louisa Parker-Smith, AGCO’s global sustainability director.
This story is from the February 26, 2021 edition of Farmer's Weekly.
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This story is from the February 26, 2021 edition of Farmer's Weekly.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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