Know How Millets Can Fuel India's Potential Revenue Generation through Carbon Trading
In the face of an environmental crisis caused by industrialized nations, the increasing need for food will reduce scarcity, elevated costs, and political outcomes. Therefore, millets present a clear solution.
Millets, integral to human agriculture for millennia, have historical roots dating back to 3,000 BC. Serving as staple foods in India, China, and Africa, they possess immense potential in addressing global food insecurity and population growth. With climate change impacting crop production, adopting a climate-resilient millet-based diet can mitigate these challenges. However, production struggles to meet regional demands in Africa and Asia.
Enhancing millet production necessitates improved processing solutions. India, the top millet grower, still favors rice and wheat due to historic crop subsidies and mechanization. So increasing production could shift millet cultivation to fertile lands, erasing the stigma attached to this overlooked grain. The shifting perceptions signal optimism for millets' role in global food security.
Apart from this, millets offer revenue avenues through carbon trading, aiding countries like India in achieving sustainable development goals. As the global population surges, particularly in climate-affected regions, the demand for food from industrialized nations will reduce shortages, costs, and political consequences. Millets emerge as a suitable remedy.
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The food system contributes 26% of global greenhouse gas emissions, with agriculture and animal husbandry accounting for 15%. By substituting 11% of alternative proteins with millets by 2035, a reduction of 0.85 gigatonnes of CO2 equivalent by 2030 is possible, vital for sustainable change.
Also Read:- Millet Shakti- How Women SHGs Lead the Millet Movement in Odisha
This transformative shift determines agricultural adaptations. Resilience must be integrated into the supply chain, balancing production risks and the threat of climate shocks. Ultimately, the goal is to mitigate and prevent damage from impending climate impacts, forging a path toward a more sustainable and secure future.
Also Read:- Millets: India's Potential Cash Crop for Carbon Trading, Boosting Revenue Generation
