Agriculture sector has a dual role in the decarbonizing economy with agriculture being both a source and a sink for GHGs. Carbon Neutral agriculture refers to the net-zero balance of emissions and sinks of all the greenhouse gases on the farms in terms of their CO2 equivalents that result in climate neutral systems. Carbon farming is a whole farm approach to optimize carbon capture.
Developing a global food system that embraces social, economic and environmental objectives is crucial for this planet that is confronted with unsustainable consumption patterns. Blockchain technology ensures fairer supply chains, enhances food traceability and drives environmental sustainability. It could be a key to unlock the SDGs.
Carbon farming is a form of agricultural practice or land use to increase the amount of carbon stored in the soil. Carbon farming also known as Carbon sequestration stores the greenhouse gases and reduces the gases that are released into the atmosphere. Carbon farming is turning out to be a good business for agriculture companies that are offering climate mitigation services and products.
Regenerative Agriculture is a set of farming practices that improves the resources it uses rather than destroying them. It rehabilitates the entire ecosystem with sustainable practices like improved soil health, water management, and usage of fertilizers. Regenerative agriculture practices help to fight climate change by carbon sequestration.
Non pesticidal Management is an agroecological approach to pest management without the use of chemical pesticides. It is financially lucrative for the farmers and also a means of practical and sustainable means of agriculture practice.
Bananas are one of the most favorite, popular and cheapest fruits in the world. The banana supply chain is fragmented and needs to conform to quality standards for the export market. The demand for consumer food safety, provenance, validation of certifications and transparency in the supply chain has triggered the need for traceability solutions in the banana supply chain
Sustainable food systems depend on farming, waste management, and supply systems. A sustainable food system delivers economically viable and socially beneficial food security to all. Blockchain technology provides a verifiable record as to who buys what from whom and this transparency helps consumers to adopt sustainable lifestyles.
In the seafood industry, traceability is important for food safety, to authenticate sourcing claims, and to verify sustainability. Tracing the fish from the bait to the plate, capturing information, and tracking movement at each stage in the supply chain is vital in the global seafood industry.
Digitization of the supply chain is one way to reduce carbon emissions. Tracking carbon emissions with end-to-end traceability solutions should be a competitive edge to organizations to drive the UN’s Sustainable Development Goals. Carbon Traceability should be the way forward to reach the net zero goals.
With the world’s latest focus on environmental performance, supply chains worldwide are being watched, and demands for accountability are coming from both stakeholders and consumers.
Blockchain-based supply chain traceability makes it possible to track the lifecycle of any product and allows companies to comply with new guidelines while backing up their claims and improving their efficiency.
Blockchain technology helps businesses to bring credibility to their carbon offsetting strategies to backup their net zero commitments with public transparency.
There is a huge demand for food production on account of the growing world population. It is critical to increase the agriculture yield without compromising on the ability of future generations to meet their needs. Sustainable agricultural practices will nurture the environment, society and the economy.. Modern agricultural practices will maximize food production, reduce the environmental impact and limit operating costs.
Business leaders have understood that sustainability is an investment. As part of the efforts to strengthen companies’ corporate responsibility in different industries, the Global Corporate Sustainability Index rates their adherence to Environmental, Social and Corporate Governance (ESG). . Businesses need to embed sustainability in all parts of their organization and translate it into their brands.
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