Earthshot Prize Winner from 2023, Boomitra, has joined forces with global supply chain solutions company and Earthshot Prize Founding Partner DP World to remove CO2 from the atmosphere through regenerative agricultural practices, empowering farmers and fighting climate change.
DP World has purchased soil carbon removal credits from three of Boomitra’s carbon sequestration projects, aiding farmers and ranchers across the Global South in adopting regenerative agriculture practices to drive soil recarbonization.
The purchase of these carbon credits will support three of Boomitra’s projects in Argentina, Brazil, Paraguay, India, Mexico, and Uruguay:
Powered by AI and remote sensing technology, Boomitra equips farmers and ranchers to increase their soil carbon and yields while securing additional income through carbon credits.
Using cutting-edge technology, Boomitra accurately and affordably measures soil carbon levels, leading to the certification of carbon sequestration as trusted carbon removal credits by an independent third party. The majority of the revenue generated from the sale of the credits goes back to farmers and ranchers across the world.
DP World’s sustainability strategy focuses on equipment electrification, renewable power and low carbon fuels to cut emissions by 42% by 2030 and reach net-zero emissions by 2050, with carbon compensation only being considered by for the final portion.
“At DP World, we are continuing to integrate sustainability and efficiency across our global operations – helping our business, and our customers, reach their respective carbon reduction goals. We are excited to work with Boomitra to support farmers and ranchers to reinvest in their lands, while we collectively move toward a more sustainable future,” said Sultan Ahmed bin Sulayem, Group Chairman and CEO, DP World.
As an Earthshot Prize Founding Partner, DP World’s agreement with an Earthshot Prize Winner highlights the pivotal role the Prize plays in cultivating collaborations that drive positive environmental change on a global scale.
Hannah Jones, CEO of The Earthshot Prize, said, “The Earthshot Prize team is dedicated to forging impactful partnerships that drive positive change and accelerate environmental innovations. This fruitful collaboration between an Earthshot Prize Winner and Global Alliance Member underscores our commitment to fostering collective action and leveraging our platform to create a sustainable future for generations to come.”
Discover how 2023 Earthshot Prize Winners, Boomitra, are removing emissions and boosting farmer profits through regenerative agriculture.