Commitment to Purchasing Carbon Credits from Farmers – A Green Agriculture Initiative
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- 21 thg 1, 2024
- 2 phút đọc
Đã cập nhật: 22 thg 10
A positive and inspiring message was shared during the seminar “Comprehensive Solutions for Green Rice Cultivation: Reducing Emissions and Increasing Productivity”, held on January 11 and co-organized by the Đắk Lắk Department of Agriculture and Rural Development and Netzero Carbon Vietnam JSC.
Đắk Lắk: Aiming to Grow in Tandem with the Nation’s Rice Sector
In his opening remarks, Mr. Nguyễn Hoài Dương, Director of the Department of Agriculture and Rural Development (DARD), highlighted Đắk Lắk’s agricultural strength—with vast areas and high productivity for crops such as durian, coffee, pepper, and avocado. With over 100,000 hectares of rice fields producing more than 800,000 tons annually, Đắk Lắk leads the Central and Central Highlands regions in rice production.
However, Mr. Dương also emphasized that agriculture remains a major contributor to greenhouse gas (GHG) emissions, with rice cultivation accounting for over 50% of total agricultural emissions. This challenge largely stems from traditional farming practices such as prolonged flooding and inefficient fertilizer use.
Transitioning Toward Sustainable Rice Production
Mr. Dương expressed the province’s determination to modernize rice production through green and low-emission practices, while creating added value from carbon credit trading. He noted that sustainable consumption and low-carbon production processes are not only a global trend but also a commitment Vietnam has made to the international community.
“Although we are not part of the Government’s one-million-hectare high-quality, low-emission rice program in the Mekong Delta, we are determined to transition Đắk Lắk’s rice production toward greener, lower-emission practices, generating added value through carbon credit sales,” he stated.
From Carbon Credits to Verified Emission Reporting
Experts from Thailand and Vietnam emphasized that reducing GHG emissions in rice cultivation requires a shift from continuous flooding (over 100 days per crop) to alternate wetting and drying (AWD) methods. Additionally, managing rice straw without burning, using biological products, and reducing fertilizers and pesticides while maintaining yield and quality are key strategies.
According to Mr. Trần Minh Tiến, CEO of Netzero Carbon Vietnam JSC, low-orbit satellite remote sensing technology will be used to measure GHG reductions from new rice cultivation models. These datasets will be securely stored on blockchain, ensuring transparency and traceability.
“Netzero Carbon Vietnam commits to purchasing emission reductions directly from farmers at USD 20 per ton of CO₂ equivalent. Emission reduction reports will be issued after harvest, and payments will be made within 15–30 days,” Mr. Tiến explained.
He also noted that Europe remains the most important market, although it has not yet recognized any formal carbon crediting organization. However, the company’s emission reduction reports are based on UN guidelines, standards, and frameworks, attracting growing attention from businesses, particularly in the Middle East.
Participating in the seminar, VIoT Technology Group reaffirmed its commitment to greening the economy and reducing CO₂ emissions. The company pledged to collaborate with partners to develop innovative technological solutions for agriculture, aimed at minimizing greenhouse gas emissions and supporting Vietnam’s Net Zero by 2050 target.
