Boomitra, a global leader in soil carbon markets and recipient of the 2023 Earthshot Prize, has partnered with EID Parry, one of India’s largest integrated sugar producers, to advance sustainable sugarcane farming practices in India. Together, the organizations will equip farmers with regenerative agricultural tools, improve soil health, and unlock access to carbon finance, aligning with India’s goals for climate resilience and agricultural sustainability.
With EID Parry’s extensive reach across 150,000+ farmers and Boomitra’s expertise in carbon projects, this partnership has the potential to transform regenerative sugarcane farming at an unprecedented scale, improving soil health and unlocking new income streams for thousands of farmers.
Tackling Sustainability Challenges in Agriculture
India’s sugarcane industry faces increasing challenges, from soil degradation and water scarcity to the economic vulnerabilities of smallholder farmers. Through this collaboration, Boomitra and EID Parry are delivering actionable solutions to address these issues.
Key focus areas include:
• Regenerative practices: Promoting reduced tillage, residue management, organic mulching, efficient irrigation systems, and use of press-mud in the farms.
• Improving soil health: Enhancing soil organic carbon (SOC) levels to boost productivity and long-term land resilience.
• Climate action: Leveraging cutting-edge technology to quantify and certify soil carbon sequestration, enabling farmers to earn income through verified carbon credits while playing a critical role in reducing global greenhouse gas emissions.
“With EID Parry’s deep-rooted expertise in India’s sugarcane farming communities and Boomitra’s innovative technology and carbon project experience, this partnership has the potential to transform agricultural practices and farmer livelihoods across the region,” said Aadith Moorthy, CEO of Boomitra.
A Step Forward for Sustainable Sugarcane Farming
EID Parry has a strong commitment to sustainable farming, with initiatives in regenerative agriculture, soil health, and water conservation. This partnership with Boomitra builds on that foundation by integrating carbon finance as a key tool for long-term farmer resilience and climate action.
“We are committed to ‘enriching and energizing lives through the creation of value-added products’ derived from agriculture. By setting new benchmark standards in products, technologies, and best practices, we aim to enhance stakeholder and societal value,” said Mr. Muthu Murugappan, Chief Executive Officer, EID Parry.
“Our 1.5 lakh+ farmer partners are not just suppliers; they are vital collaborators in shaping a sustainable future. Through the integration of regenerative practices and carbon finance, we are creating a win-win for farmers, the environment, and the communities we serve.”
Transforming Agriculture with Technology
Boomitra’s advanced AI and remote sensing technology enable precise, cost-effective measurement of soil carbon levels, verified through third-party certification. This ensures that even smallholder farmers, with plots as small as one acre, can participate in global carbon markets.
The majority of the revenue from the sale of these carbon credits is returned directly to farmers, helping them reinvest in their lands, improve productivity, and achieve economic resilience.
Looking Ahead
This partnership is a crucial step toward building a resilient and sustainable sugarcane farming system in India. By improving soil health, conserving water, and reducing greenhouse gas emissions, Boomitra and EID Parry are paving the way for a more sustainable and prosperous future for Indian agriculture.
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