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2023 Winner
Fix Our
Climate

Boomitra

Country:
Global

Boomitra are removing emissions and boosting farmer profits by incentivising soil restoration and the adoption of regenerative agriculture through a verified carbon-credit marketplace.

We rely on farmers and farmland to grow the crops we need to live. But a short- term mindset, land mismanagement and the compounding impacts of climate change have degraded the Earth’s soil.

Since 1750, burning fossil fuels has increased planet-warming CO2 in our atmosphere by 50%. At the same time, irresponsible farming practices and feeding a growing population have degraded our land and impacted its ability to store carbon, meaning there’s yet more carbon in the air. As more carbon enters the atmosphere, warming and aridification grow more vicious. The result: land unable to feed the world’s population, which continues to grow.

In 2017, Aadith Moorthy from Karnataka was passing through an Indian village when he came across a funeral procession mourning the death of a farmer who, left destitute after a crop failure, had taken his own life. This emotional moment sparked questions in Aadith’s mind. Could modern technology restore these lands and, in turn, improve the lives of its farmers?

Moorthy subsequently founded Boomitra to provide hope for struggling farmers the world over.

Boomitra's Solution

Boomitra, which means “friend of the earth” in Sanskrit, is a soil carbon marketplace that rewards farmers for sustainable land management practices.

The company works with more than 150,000 farmers, from half-acre smallholder farms to large ranchers, managing more than five million acres of land in some of the poorest parts of Africa, South America and Asia. Satellites and AI technology are used to monitor improvements farmers make to the soil, tracking its ability to store carbon over time.

In exchange, companies and governments looking to offset their emissions can purchase independently verified carbon credits from Boomitra’s marketplace, with the majority of the revenue from each credit going directly to the farmers and ranchers.

Their Impact

The world’s agricultural soils have the potential to store an additional five gigatons of CO2 per year – more than all the emissions from global car travel in a year. As Boomitra aims to scale their solution across the world, they have set a target to store one gigaton of CO2 in the soil by 2030.

Their strategy has huge transformative potential for climate change mitigation, but it is also a boon to the farmers themselves. The sustainable farming techniques restore soil health, increase crop yields and generate more revenue. Farmers also earn new, additional income from a 70% share in Boomitra’s profits.

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Protect
and Restore
Nature

By 2030, we choose to ensure that, for the first time in human history, the natural world is growing – not shrinking – on our planet. 

This Earthshot focuses on three main areas of interest: 

  1. Protecting areas of high biodiversity such as forests, wetland, peatlands and wildlife corridors
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  3. Feeding people while protecting nature
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This Earthshot focuses on three main areas of interest: 

  1. Engaging citizens in data collection and clean air policies
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  3. Transitioning to clean transportation for all
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Revive Our
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By 2030, we choose to repair and preserve our oceans for future generations. 

This Earthshot focuses on three main areas of interest: 

  1. Protecting and restoring coastal ecosystems
  2. Replenishing fish populations
  3. Reducing demand for fishmeal
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Build a
Waste-free
World

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This Earthshot focuses on three main areas of interest: 

  1. Reducing food loss from farm to fork
  2. Phasing out single-use and non-recycled plastics
  3. High-value circularity in fashion and electronics
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Fix Our
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This Earthshot focuses on three main areas of interest: 

  1. Creating an equitable clean energy future
  2. Addressing non-CO2 greenhouse gas emissions
  3. Decarbonising hard to abate sectors
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