Mahogany Farming in India for Carbon Credit: An Overview of the Benefits & Challenges
#mahogany farming in india #carbon credits in india #sustainable farming in india
Get an in-depth look at mahogany farming in India for carbon credit and the benefits and challenges faced by farmers. Learn how to join this industry.
Carbon market in India is evolving at rapid pace. Current rate of carbon credit is around 22 dollars. Mahogany farming in one acre of land can bring 15-20 carbon credits. Means 20-40 thousands per year for farmer. It’s very lucrative extra income.
India is one of the emerging markets in carbon credit market. According to the data, India is third most populous country in the world and it is also the third largest country in terms of carbon credit market. Mahogany farming is highly profitable and viable.
India is one of the emerging markets in carbon credit market. According to the data, India is third most populous country in the world and it is also the third largest country in terms of carbon credit market. Mahogany farming is highly profitable and viable.
Most of the farmers in India, do not understand the following regarding Agroforestry.
1) Mahogany Tree Cultivation in Farm land can create many sources of Income.
2) Carbon Credit income with Mahogany tree plantation in farm.
3) Availing Carbon Credit certificate and thus income from that certificate is a complex process as Govt does not have efficient dedicated dept for this proceedings. Many Third Parties are involved in this. The number is increasing.
1. Introduction to Mahogany Farming in India.
The mahogany farming in India for converting the Carbon Dioxide (CO2) and other greenhouse gases emitted from the burning of fossil fuels into an organic material. Restores carbon into soil and thus improves the soil dramatically. This then used to create a “carbon credit” which can be exchanged for money. Means what amount of carbon is taken up from the polluted air by planted mahogany trees. The current rate of carbon credit is around 20-22 USD in Indian market. But this varies from company to company. The small leaf mahogany trees are less effective as compared to the big leaf mahogany (swietenia macrophylla king) because of its less surface area. The big leaf mahogany trees grow very wide after attaining effective hight. The canopy is so big to obstruct sunlight from reaching to the soil. This large surface area gives these mahogany trees the ability to absorb hige quantities of CO2. Thus generates a fair number of carbon credits per acre per year.
2. What is Mahogany Farming?
Mahogany farming is a new way of earning extra income. It is a process of growing one acre of mahogany trees.( to state an example). The trees are planted in a mannered and organised way. And the farmer is paid based on the carbon credits that the trees produce. This is an exciting new way of earning extra income, and it is a sustainable one, too. Mahogany farming is an exciting new way of earning extra income for farmers. This is because it allows intercropping easily which in turn brings regular income to farmers.3. What are some of the benefits of Mahogany Farming?
Mahogany farming has a lot of benefits. It can be a very lucrative extra income for farmers. The other benefits of Mahogany farming include: -- The trees provide shade and help to reduce the temperature of the soil.
- This is in addition to the restoration of carbon.
- The trees provide habitat for many animals including birds, squirrels, and other animals.
- The trees are resistant to insects and disease.
- The trees are a source of fruits that again bring very good income to farmers.
- The trees are resistant to most of the natural disasters.
Learn more : Carbon Credit investment in india
4. Conclusion.
The carbon market in India is rapidly evolving. The carbon credit income for Mahogany farming is around 22 dollars per acre per year. And it is expected to grow many folds in upcoming years. This is a very lucrative extra income for the farmers.Mahargh agribuilder deals with plantation of mahogany by posting its own labor team, getting the verification and validation of farm for carbon credits to the point where farmers receive compensation and getting the best buyers for fruits and wood of mahogany.
visit out official website : www.mahargh.com