Bayer to pay farmers to capture carbon in a ‘smart-agriculture’ initiative

The German chemical and pharmaceutical giant will start rewarding farmers in Brazil and the US for adopting climate-smart practices, including cover crops

German chemical and pharmaceutical company Bayer has launched a new pilot programme which will pay farmers in Brazil and the US for capturing carbon.

The scheme, which is designed to help the agricultural sector reduce its carbon footprint and greenhouse (GHG) gas emissions, will reward farmers for generating carbon credits by adopting climate-smart practices, such as no-till farming, which decreases the amount of soil erosion, as well as the use of cover crops.

This year's programme includes approximately 1,200 farmers who will receive assistance to implement environmental-friendly practices.

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