Morocco’s OCP Group is farming carbon in Brazil: Phosphate fertilizer producer OCP Group partnered with Brazil’s Agrorobotica and French InVivo’s agricultural arm Bioline for a carbon farming and certification project in Brazil, the North Africa Post reported this week. OCP will use the carbon credits from this partnership to achieve net zero by 2040.

SOUND SMART- Carbon farming consists of capturing carbon on farms, for instance, and storing it in plant material or soil, according to Carbon Cycle. This process supports soil fertility, reduces greenhouse gas emissions, and can support farmers through carbon credits.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

  • The National Bank of Fujairah (NBF) will finance the import of HongQI electric vehicles into the UAE. (Statement)
  • Seoul-based F&B company Nongshim is bringing two of its vertical smart farm containers to Oman. The pilot project is worth USD 200k. (Aju Business Daily)
  • Emirates District Cooling Company (Emicool) is partnering with Emirates Electrical Engineering (EEE) to increase its reliance on solar energy by 238%. (ME Construction News)