Cibi e Bevande
The Good Rice Alliance Awarded 'Ae', a top quartile ex ante rating, by BeZero Carbon
A standalone Carbon ex ante of is comparable to the ex post Soil Carbon & Agriculture credits. Receiving an 'Ae', a top-quartile rating confirms a high likelihood that each TGRA credit will deliver one ton of CO2e avoidance.
Speaking on the rating achieved, said,
BeZero is an independent carbon ratings agency boasting a 180+ strong team made up of climate scientists, geospatial experts, data scientists, financial analysts and policy specialists. BeZero's ratings are based on a rigorous analysis of various factors, including additionality, carbon accounting, and permanence risks, providing transparency and building trust in carbon markets. Higher BeZero ratings are correlated with higher prices and increased demand for carbon credits.
BeZero Carbon's ex ante assessment evaluates TGRA's exceptional credibility across five key categories: additionality, carbon accounting, permanence, project execution, and safeguards. The 'Ae' certification offers assurance of delivery of impact-driven, high-integrity credits that meet the highest transparency and quality standards.
Since May 2023 , TGRA has partnered with smallholder farmers across thirteen Indian states to implement Alternate Wetting and Drying (AWD) and Direct Seeded Rice (DSR). As of October 2024 , TGRA has enrolled more than 12,000 farmers in the program, covering 35,000 hectares of farmland, reducing methane emissions equivalent to nearly 1,20,000 tonnes of carbon emissions per year. Underpinned by best-in-class on ground and digital (MRV) and secured land and carbon rights, TGRA is well equipped to play a pivotal role in GHG reductions in agriculture.
Currently, TGRA covers major rice-producing states in the country, like Andhra Pradesh, Bihar, Haryana, Karnataka, Odisha, Tamil Nadu, Telangana, Uttar Pradesh, West Bengal, Assam, Uttarakhand, Jharkhand, and Maharashtra. On average, it takes over 1 million litres of water to produce one ton of rice. TGRA, through the implementation of climate-smart practices such as Alternate Wetting and Drying (AWD) and Direct Seeded Rice (DSR), can reduce water consumption by up to 30% without impacting yields. This equates to over 12,50,000 million litres of water savings across 35,000 hectares per season in total, the equivalent of 330 billion US gallons. TGRA is also armed with a stringent Quality Management System, farmer training, support and hand holding mechanism and a Monitoring, Report and Verification (MRV) mechanism which are in place to help maintain program integrity.
Paddy rice cultivation is responsible for approximately 10% of global methane emissions, a potent greenhouse gas with a global warming potential over 27 times that of carbon dioxide. Rice farms occupy 15% of the global farm area, equivalent to more than 150 million hectares worldwide. With a keen focus on sustainability, the alliance is closely aligned with UN's Sustainable Development Goals and plans to work together with smallholder farmers from the grassroots to drive maximum co-benefits and mitigate climate change.
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