Femi Oye, chief executive, Green Energy & Biofuels (GEB), an energy firm generating power from bio ethanol, has urged the federal and states government to promote the development of green agriculture to ensure sustainable growth and higher quality of products.
In view of the growing global efforts to change the farming process to adapt to the green consumption trend, Oye indicated that the government will help to attract foreign investments if the agricultural sector is
repositioned to contribute to reducing greenhouse gas emissions.
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As the trend toward carbon emissions reduction continues, he said that it has become pertinent for farmers to be encouraged and supported to adopt climate-smart agriculture practices.
He added that it will not only help to protect the environment and reduce operating costs, but also create a new income stream by selling carbon offset credits on a carbon market.
Like other countries in Africa, Oye implored the government to take steps towards addressing climate change, by evolving a carbon market that prices greenhouse gas or carbon emissions.
He also explained that establishing various platforms for carbon credits from agriculture would support current initiatives to combat climate change while enhancing farmers’ income.
In Europe and Asia, he states that the establishment of a carbon credit market has brought new opportunities for green agricultural development.
To achieve this, he counseled the government to complete the specific legal framework for the development and operation of carbon credit exchanges.
He reiterated that his organisation is ready to work with governments and the private sector to empower farmers to combat climate change through sustainable agriculture.
One way to achieve this, he stated, was by transforming crop waste into carbon-sequestering known as biochar with the help of smallholder farmers.
The sustainable approach, he maintained, would address greenhouse gas emissions and support the well-being of rural communities.
A major goal of the organisation, he mentioned, was to revive traditional food ways and help restore plant biodiversity across the country.
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GEB as an organisation, he posited, recognises that the health of the environment goes hand in hand with that of communities and supports the establishment of a sustainable food production system which satisfies the farmer, the local community and the consumer, keeping the health of the soil and the people as the priority.
