AyosifamHub is excited to announce its involvement in a ground-breaking initiative aimed at transforming Nigeria’s rice value chain. Next week, we will be at the official launch of the Carbon Offsetting Rice Emissions (CORE) project in Abuja. This event marks a significant step towards sustainable and climate-resilient agriculture in Nigeria.
The CORE project, an initiative by the German Federal Ministry for Economic Cooperation and Development (BMZ), is being implemented by the Deutsche Gesellschaft fΓΌr Internationale Zusammenarbeit (GIZ) GmbH in partnership with Olam Agri Nigeria Ltd. Its primary goal is to empower smallholder farmers by creating a system that allows them to track and reduce greenhouse gas emissions in their rice fields.
Why This Matters for Farmers
Agriculture is a major source of greenhouse gas emissions, and rice cultivation, in particular, contributes significantly to this. The CORE project addresses this by promoting the use of climate-smart technologies and sustainable practices. This includes methods that not only reduce emissions but also improve soil health, increase yields, and make farming more resilient to climate change.
By aligning these practices with international carbon credit standards, the project creates a powerful new income stream for farmers. They can earn financial incentives for adopting these environmentally friendly methods, turning their sustainable practices into a valuable asset. This shift provides a strong push for agroecological transformation and helps diversify the business models of smallholder farmers.