Arukah

Today is #KisanDiwas, also known as National Farmers' Day! As it is celebrated in India on 23 December, let us honour the invaluable contributions of farmers and recognise their efforts in sustaining our economy and enabling food security. The Arukah team travelled to Jhansi, India last week, verifying that first payments for participation in our ongoing projects have reached smallholders farmers involved in Project Oasis. This household biogas carbon credit project, is a first in the world with full transparency from per-farmer/digester real-time data and digital MRV to per-farmer payments. Compensation of the #smallholderfarmers – whose role is often overlooked in this green transition – is a key feature of Arukah’s carbon project design. Project Oasis features a #Corsia eligible carbon credit methodology, but to our knowledge none of the live projects in market currently compensate farmers financially. In contrast, Arukah has built into our model fully traceable digital transactions to disburse payments to farmers regularly for climate work that has been quantified and verified at the farmer-level via real-time IoT sensors, assuring buyers and investors globally, over 3807 km away from hyper local installation, that social and environmental impact are achieved as claimed. Based on rigorous randomised controlled trial research by economists and affiliates from the award-winning Abdul Latif Jameel Poverty Action Lab (J-PAL), we believe direct cash transfers (https://lnkd.in/euxswGb) are a critical and overlooked tool in #povertyalleviation. These first payments are just the beginning - and have been 2 years in the making, with valuable inputs from partners and collaborators along the way. Thank you to Stellapps Technologies Private Limited and mooPay Private Limited for early product feedback and testing with farmers and dairies - Rahul Mallick Swati Hegde Ranjith Mukundan. Thank you Atul Mittal, Prashant Khanna and Balinee Milk Producer Company Ltd for on the ground collaboration for initial rollout. We look forward to future collaborations in the new year and scaling up Project Oasis across India - and more markets to come. Want to partner or find out more about how we’re unlocking climate revenue and access to clean energy for smallholder farmers? Reach out to us at pathbreakers@arukahcapital.com! #smallholdersuccess | #globalsouth | #agrifood | #climatechange | #povertyalleviation | #dmrv | #biogas | #carbonmarkets | #dairyfarmers | #kisandiwas | #greentransition | #climatejustice | #corsia

Join us in scaling data driven decarbonisation in Nigeria's agriculture supply chain! We're seeking consultants for a comprehensive study on rice and maize value chains. This initiative aims to assess feedstocks, processing methods, and identify beneficiaries within a 25km radius of mills, ensuring a greener future. Ideal candidates should have expertise in agricultural value chains, sustainable practices, and biochar, bio-oil uses. The project involves extensive stakeholder engagement and aims for completion within 45 days. Submit your proposal to nigeria@arukahcapital.com by 29 Feb 2024. #Sustainability #AgricultureInnovation #Nigeria #climatefinance #carbonremoval