99% farmers in Haryana and MP participating in voluntary carbon market received no benefits, finds study

Category : Climate Change | Location : National  | Posted on 2024-12-20 08:51:10

There is a major disconnect between the promises of carbon markets and the practical realities. A study found that over 99 per cent farmers participating in emissions reduction projects under voluntary carbon market (VCM) received no monetary benefits despite adopting sustainable farming practices aimed at reducing greenhouse gas (GHG) emissions.

Source: https://www.downtoearth.org.in/climate-change/99-farmers-in-haryana-and-mp-participating-in-voluntary-carbon-market-received-no-benefits-finds-study