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Friday, June 21, 2024

Kien Giang to sell carbon credits for 30,000 hectares of paddy this year

The Saigon Times

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HCMC – The Mekong Delta  province of Kien Giang is expected to sell carbon credits for around half of its 60,000 hectares of high-quality rice paddy this year.

Last year Kien Giang had over 712,800 hectares of land under rice cultivation, 97.10% of it for growing high-quality rice.

This year, the province will have 60,000 hectares of rice under the project of growing one million hectares of high-quality, low-emission rice in the Mekong Delta by 2030, according to Nguyen Duy Tan, deputy director of the management board of the Vietnam Sustainable Agriculture Transformation Project (VnSAT) in Kien Giang,

The province is striving to expand the area for high-quality, low-emission rice to 100,000 hectares by 2025 and expects to sell carbon credits for around 40,000 hectares.

Currently, nine localities in Kien Giang are restructuring their rice cultivation, transitioning from monoculture rice farming to rice cultivation combined with aquaculture to help increase the average income by VND85 million per hectare per year.

The formation of specialized farming areas linked to the restructuring of the production system in the province aims to raise incomes of rice farmers, protect the environment, adapt to climate change and reduce greenhouse gas emissions, thus contributing to fulfilling Vietnam’s 2050 net-zero commitment to the international community, said Tan.

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