Thursday, June 29, 2023

Webinar on "Regenerative Agriculture - A beacon of hope for restructuring food and agriculture systems"

Agriculture is facing numerous challenges, from soil degradation and water scarcity to biodiversity loss and climate change impacts. Regenerative agriculture holds the potential to not only address the pressing issues faced by modern agriculture but also create significant value for businesses operating in the sector.

 Ecosystem restoration:

Soil degradation is a major challenge plaguing conventional agriculture. Decades of intensive farming practices, including excessive pesticide and fertilizer use, have stripped the soil of its fertility and biology leading to reduced yields and diminished ecosystem health. Regenerative agriculture, on the other hand, focuses on restoring and enhancing the health of the soil through a set of ecological practices and integration of livestock supporting circularity. By implementing practices such as cover cropping, crop rotation, and organic fertilization, animal husbandry, regenerative farmers can improve soil structure, increase water-holding capacity, and enhance nutrient cycling. These measures not only lead to healthier crops but also promote biodiversity and mitigate climate change through carbon sequestration.

Resilience:

Climate change poses a significant threat to global food production. Extreme weather events, shifting precipitation patterns, and rising temperatures disrupt agricultural systems and jeopardize food security. Regenerative agriculture helps building resilience in farming systems. Practices like agroforestry, conservation agriculture, and holistic grazing, alternate wetting and drying system of rice cultivation help to mitigate climate change impacts by enhancing water retention, reducing soil erosion, and promoting carbon sequestration. By implementing regenerative practices, farmers can adapt to changing climatic conditions and ensure the long-term sustainability of their operations.

Creating Value for Businesses:

Regenerative agriculture not only addresses environmental concerns but also creates value for businesses, including those in the consumer packaged goods (CPG) sector. Consumers today are increasingly conscious of the environmental and social impact of the products they purchase. By embracing regenerative agriculture, CPG businesses can differentiate themselves in the market by offering sustainable and ethically sourced products. Companies that integrate regenerative practices into their supply chains can enhance their brand reputation, attract environmentally conscious consumers, and drive customer loyalty. Additionally, regenerative agriculture can help businesses reduce their carbon footprint, comply with sustainability regulations, and build resilient supply chains in the face of climate-related disruptions.

Several leading CPG companies have already recognized the potential of regenerative agriculture and are actively incorporating it into their business models. For instance, General Mills, Nestle, PepsiCo and others has partnered with farmers to implement regenerative practices, resulting in improved soil health, reduced chemical inputs, and increased yields. AB InBev, a major beverage company is investing in regenerative farming projects, supporting farmers in transitioning to sustainable practices and ensuring a stable supply of ingredients. These companies are not only reaping the benefits of regenerative agriculture but also inspiring others in the industry to follow suit.




From Suspicion to Trust: The VCMI Claims Code and the Future of Voluntary Carbon Markets

 In the global effort towards climate change mitigation, voluntary carbon markets (VCMs) have emerged as a potential game-changer and a glimmer of hope. These markets offer a unique opportunity to bridge financing gaps, facilitate corporate transitions to Net Zero, and support countries' sustainable development objectives. However, the major challenge for VCMs has been the integrity  and transparency of carbon credits.

Source:https://vcmintegrity.org/
                                                           
On 28th June, 2023  the Voluntary carbon markets Integrity Initiative (VCMI) launched its Claims Code that aims to address the critical need for integrity in voluntary carbon markets. The Voluntary Carbon Markets Integrity Initiative (VCMI) is an international non-profit organization with a mission to enable high-integrity voluntary carbon markets (VCMs) to deliver real benefits to environment and avoid hype and claims regarding net zero emissions. After two years of extensive research and stakeholder engagement, the Claims Code published a comprehensive framework for companies, individuals, investors, and governments to navigate the complexities of carbon credits and make credible claims regarding their climate commitments.

The Claims Code emphasizes the need of going beyond business-as-usual practices. Carbon credits should be generated through activities that truly benefit host communities and increase overall greenhouse gas mitigation, rather than merely substituting existing actions. By adhering to high integrity rules, VCMs can earn the trust of stakeholders, attract investments, and unleash their full potential.                                                                                                                                                                                         

The Claims Code operates through a four-step process, ensuring compliance with foundational criteria aligned with the long-term goals of the Paris Agreement. The four steps are;

  1.     Companies must disclose their greenhouse gas emissions,
  2.     Set science-based reduction targets
  3.     Demonstrate progress towards those targets
  4.     Advocate for ambitious climate regulation.

Additionally, companies can make VCMI Claims in three tiers: Silver, Gold, and Platinum, each requiring the purchase and retirement of high-quality carbon credits based on the percentage of remaining emissions ranging from 20 to 100 percent.

To uphold the credibility of claims, the Claims Code has set stringent requirements for carbon credit use and quality. Only credits meeting the ICVCM Core Carbon Principles and VCMI Assessment Framework could be utilized, ensuring they contribute to global net zero goals and drive market integrity.

Third-party assurance plays a vital role in substantiating VCMI Claims. Transparent reporting and disclosure of key information are necessary to validate compliance with the Foundational Criteria and Claim-specific requirements. By providing this assurance, companies can bolster their climate ambition and build trust with stakeholders.

Looking ahead, the Claims Code will continue to evolve, with the development of additional modules, guidance, and provisions for specific sectors and geographies. As VCMI expands, it aims to complement comprehensive climate policy and regulations, emphasizing that voluntary action alone is insufficient to combat climate change. The launch of the VCMI Claims Code marks a significant step toward unlocking the transformative power of voluntary carbon markets. By fostering transparency, credibility, and accountability, this framework has the potential to shape the future of climate action, accelerate the global transition to Net Zero, and ensure a sustainable future for generations to come.

Saturday, June 24, 2023

Webinar on "Turning Trash to Cash : Assessing waste based opportunities"

I had the privilege of sharing my insights and perspectives on the tremendous potential of food waste valorization. With an astonishing 2.5 billion tons of food waste generated globally each year, it is clear that we face a significant challenge. However, within this challenge lies a remarkable opportunity to not only reduce the negative impact on the economy and environment but also to generate new revenue resources. This webinar aimed to explore the possibilities and shed light on how we can harness food waste to create a sustainable and profitable future. 

 Food waste is a pressing issue that affects countries worldwide. The sheer magnitude of food waste raises concerns about its social, economic, and environmental implications. Globally, we witness the loss of valuable resources such as water, energy, and labor that go into producing, processing, and distributing food. Moreover, the decomposing food waste in landfills releases greenhouse gases, contributing to climate change. Addressing this crisis requires innovative approaches and a shift towards a circular economy mindset. 

 The concept of food waste valorization revolves around finding value and purpose in what was previously discarded. It involves transforming food waste into valuable resources through various processes, such as recycling, repurposing, and upcycling. By adopting these strategies, we can divert food waste from landfills and create a positive impact on both the economy and the environment. 

 One of the key highlights of this webinar was the exploration of revenue generation possibilities through food waste valorization. Instead of perceiving food waste as a burden, we can view it as a potential resource for new business ventures and revenue streams. By adopting innovative technologies and approaches, we can unlock the latent value within food waste. 

 During the webinar, I delved into case studies and success stories where organizations and entrepreneurs have effectively utilized food waste valorization to their advantage. From the production of biogas, biofuels, and fertilizers to the creation of sustainable packaging materials and food additives, the potential applications of food waste valorization are vast. These success stories demonstrated that by embracing circular economy principles, companies can simultaneously reduce waste, enhance sustainability, and generate economic benefits. 

 The webinar focuses on answering critical questions surrounding food waste valorization. Can we truly transform food waste from an environmental liability into an economic asset? How can we incentivize businesses and individuals to adopt food waste valorization practices? What are the technological advancements and strategies required to drive the widespread adoption of food waste valorization? These questions were addressed through engaging discussions, expert insights, and real-world examples, providing participants with a comprehensive understanding of the opportunities and challenges associated with food waste valorization.





 

Wednesday, June 21, 2023

How technology is helping farmers grow more food with less chemicals

I had the pleasure of engaging in a captivating conversation with Matt Blois, the reporter from the renowned Chemical and Engineering News journal. From the moment our discussion began, it became abundantly clear that Matt possessed a remarkable talent for extracting information from experts with finesse and flair. He graciously provided me with the freedom to express myself in the manner I deemed most fitting, resulting in a dynamic and invigorating dialogue that spanned the course of an entire hour. Our exchange was nothing short of enthralling, leaving me both intellectually stimulated and invigorated. I am delighted to share the fruits of our conversation. Click the link " How Technology is Helping Farmers Grow More Food with Less Chemicals."