World Bank Approves Kerala's Carbon Cell Plan for Farmers Under Rs 2,365 Crore KERA Project

Key facts

• The World Bank has backed Kerala's proposal to set up a carbon cell under the state Agriculture Department to help farmers earn carbon credits through climate-friendly farming practices, as stated by Agriculture Minister T Siddique.
• The KERA (Kerala Climate Resilient Agri-Value Chain Modernisation) Project, implemented with World Bank financial and technical support, will provide Rs 2,365 crore for Kerala's agriculture sector.
• The carbon credit mechanism is intended to financially incentivise farmers adopting climate-friendly practices, enhance carbon sequestration, and create an additional income source for farmers.
• The World Bank mission, in Kerala till October 13 to review KERA implementation, will undertake joint efforts with the state government to set up the carbon cell in the coming months.
• The meeting discussed the potential of mango cultivation in Muthalamada, high-tech vegetable farming in Elavanchery and avocado cultivation in Wayanad.