Launch of Framework for Voluntary Carbon Market in Agriculture Sector and Accreditation Protocol of Agroforestry Nurseries

Subject: Environment

Section: Climate change

Context:

Union Minister of Agriculture & Farmers’ Welfare and Tribal Affairs, Shri Arjun Munda launched the Framework for Voluntary Carbon Market in Agriculture Sector and Accreditation Protocol of Agroforestry Nurseries in Delhi today.

More on news:

Agriculture sector in the country is making an important contribution to the economy and livelihood of crores of people.
54.6% of the country’s workforce is engaged in agriculture and allied sectors’ activities.
The share of agriculture sector in GDP is 18.6%, while the sown area is 139.3 million hectares, out of the total geographical area of the country.
Union Minister of Agriculture & Farmers’ Welfare and Tribal Affairs, Shri Arjun Munda said our Prime Minister is very sensitive towards the development of the agricultural sector and climate change and under his leadership we are fully committed to solve the problems.

About Voluntary Carbon Market (VCM):

The Ministry of Agriculture and Farmers’ Welfare prepared a framework to promote Voluntary Carbon Market (VCM) in the agricultural sector of the country with a view to encourage small and medium farmers to avail benefits of carbon credit.
Introducing farmers to the carbon market will not only benefit them but also accelerate the adoption of environment-friendly agricultural practices.
There will be full cooperation from the concerned ministries of the Centre and the States and other concerned organizations to promote the carbon market in the interest of farmers.
This is the first step in which we want to ensure everyone’s participation.
Global challenges like global warming are in front of all of us,hence we have to move ahead with caution.
ICAR will play an active role in this direction and do good work in the right manner.

About Accreditation Protocol of Agroforestry Nurseries:

It will strengthen the institutional arrangements for production and certification of planting material on a large scale to promote agroforestry in the country.
The Agriculture Minister asked all the stakeholders to adopt it so that quality planting material can provide assured returns and the objectives and goals of the National Agroforestry Policy can be achieved.
He also urged for proper use of natural resources.