Carbon Market
Overview
Keras supports sustainable, regenerative agriculture and is an advocate for the benefits of enhancing soil health. Diamond Creek’s organic phosphate fertiliser products can help farmers realise better crop growth and yields, reduce soil degradation, nourish the soil and ultimately reduce CO2 levels in the atmosphere through carbon sequestration.
Organic fertilisers have a significantly lower carbon footprint relative to traditional synthetic or chemical fertilisers and will continue to support demand and pricing for organic replacements including rock phosphate.
Keras is therefore also looking at developing opportunities around carbon sequestration and the associated carbon credits to further augment its business and maximise shareholder value. Diamond Creek’s organic phosphate products have the potential to tap directly into this growing market and the Company is looking at developing and enhancing the value of this aspect of its portfolio and in-turn generate greater returns for shareholders.
Graphic source: Climable.org
Multiple benefits from improving agriculture and capturing carbon:
“Improved agricultural practices can help mitigate climate change by reducing emissions from agriculture and other sources and by storing carbon in plant biomass and soils.
The development of agriculture during the past centuries and particularly in last decades has entailed depletion of substantive soil carbon stocks
“ Agricultural soils are among the planet’s largest reservoirs of carbon and hold potential for expanded carbon sequestration (CS), and thus provide a prospective way of mitigating the increasing atmospheric concentration of CO2. It is estimated that soils can sequester around 20 Pg C in 25 years, more than 10 % of the anthropogenic emissions.
At the same time, this process provides other important benefits for soil, crop and environment quality, prevention of erosion and desertification and for the enhancement of bio-diversity.”
