“To incentivize adoption, carbon financing could be a potential economic lever that can improve farmers’ income.”

The following report is by Tech In Asia:

Wavemaker Impact and Bill Gates’ Breakthrough Energy Ventures, along with Temasek and its subsidiary fund GenZero, are forging an agritech venture that will focus on accelerating rice decarbonization in Southeast Asia and the rest of Asia.

The startup, whose name is still undisclosed, will build a platform that will identify the most effective strategies to reduce greenhouse gas emissions in certain paddy fields. It will also be responsible for developing economic incentives to drive adoption of the technique.

According to the partners, solutions to cut emissions and increase yields of rice cultivation are already available. However, the adoption of those techniques has lagged due to different farming practices, challenging infrastructure, and a lack of access to good input and incentives.

Along with the deal, Wavemaker Impact, Breakthrough Energy Ventures, Temasek, and GenZero will also pour an undisclosed amount of seed funding into the new company. The money will be used for conducting experiments and hiring staff.

To incentivize adoption, carbon financing could be a potential economic lever that can improve farmers’ income.

Said GenZero’s Frederick Teo

SEE: Bill Gates Wins Legal Approval To Buy 2,100 Acres Of Land In North Dakota


AUTHOR COMMENTARY

As far as I am concerned, these new ventures will only decrease yields, and nutrient density and digestibility, as the deliberate move to usher in international famine continues. As I have reminded readers before, and as we were taught in Kindergarten, plants require carbon to grow and flourish, and produce clean oxygen in return. Decarbonizing will only worsen the environment.

He that tilleth his land shall have plenty of bread: but he that followeth after vain persons shall have poverty enough.

Proverbs 28:19

[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).

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