Amazon signs $30 million carbon removal deal with Good Rice Alliance to purchase 685,000 tons of credits from Indian rice farmers

Type: Ppa · Technology: Agriculture · Country: India · Value: $30M · Announced: 2026-04-22

Amazon signed a $30 million carbon removal deal with the Good Rice Alliance to purchase 685,000 tons of carbon removal credits generated by Indian rice farmers. The initiative, a subsidiary of Bayer, collaborates with GenZero, Temasek, and Shell Nature-Based Solutions to reduce methane emissions from rice cultivation through sustainable farming methods. The Alliance works with over 13,000 smallholder farmers across India, providing training and financial incentives to adopt improved water management techniques that slash methane emissions. Current rice farming practices, which involve flooding paddy fields, contribute up to 10% of global methane emissions, making this project critical for climate mitigation. The deal follows similar carbon removal agreements by Microsoft and Google in India, highlighting the country's growing role in carbon removal markets.

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