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😎 In this blog post, We will learn about Regen Network, so let’s dive in:
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What problem are we facing these days?
A lot of carbon is being generated which is responsible for:
- Climate being changing at a rapid rate
- Land being degrading
- Scarcity of Clean Water and Healthy Food
- Around only 60 Harvests left
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Solution 🌱
Research proves that increase in the soil carbon could be very effective. Infact we just need to increase the soil carbon by 0.4% in a year to become carbon neutral.
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How does Regen Network solve this?
Regen Network incentivizes Farmers (Land Stewards) to practice good agricultural practices and monitors the lands. Regen Network can issue Carbon Credits to buyers who want to protect the climate. These carbon credit will work as a proof that they have contributed in reducing the carbon in the environment.
Regen network will make sure that healthy practices are followed in the land for which they have issue the carbon credits.
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Now lets looks into a little bit of depth how it is implemented:
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Land Stewards
Land Steward is anyone who follows practices like this on their land:
1. No Till
2. Cover Cropping
3. Crop Rotation
4. Rotational Grazing
5. Agroforestry and many more.
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Regen Network
Regen Network verifies the ecological data from the fields using:
- Satellites
- Sensors
- On Ground Observations
All this created a Proof of land Health which is then uploaded to a data marketplace for buyers. 🌱
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Buyers — Carbon Credits Purchasers
Buyers can buy the carbon credits from the data marketplace to show their commitment for the planet.
Why someone would buy it you may ask?
1. Government Rules
2. Vouluntarily
Infact many Big Tech have committed a significant amount of their balance for reducing the amount of carbon in the climate.
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This is the most exciting project and has a lot of scope to grow !! 🌱
