1Assist Professors, Telangana State Agricultural University (PJTSAU), Hyderabad, Telangana State
2Assist Professors, Telangana State Agricultural University (PJTSAU), Hyderabad, Telangana State
Carbon credit trading incentivizes carbon sequestration and emission reduction through market-based mechanisms. This review explores the evolution of carbon credit trading globally and its specific implications for India, analysing existing mechanisms, farmer participation, and projected income prospects. Opportunities for carbon trading in India lie in transitioning to climate-smart agriculture practices, such as conservation agriculture and livestock management, which not only mitigate greenhouse gas emissions but also enhance soil quality and agricultural productivity. The papers present three case studies highlighting the potential impact and opportunities of carbon trading. To realize the full potential of carbon trading in India’s agricultural sector, concerted efforts are needed from policymakers, extension services, and agricultural stakeholders. Authors opine that by promoting sustainable agricultural practices and soil management through carbon farming, India can mitigate the impacts of climate change, enhance agricultural resilience, and alleviate rural poverty.
Carbon Credit Trading, Climate-smart Agriculture, Conservation, Sustainable Development, Carbon Farming, Agro forestry, Greenhouse Gas Emissions, Agriculture, Informatics