The Gigaton Challenge aims to reduce atmospheric carbon dioxide equivalent 1 Gigaton by 2040
UPL has announced the launch of a new series of initiatives to be deployed globally which will leverage sustainable methods to reduce atmospheric carbon dioxide equivalent 1 Gigaton by 2040. At an event in Sao Paulo, hosted by Jai Shroff, CEO, UPL, Mauricio Macri, Executive Chairman, FIFA Foundation, and attended by Youri Djorkaeff, CEO, FIFA Foundation, UPL has launched ‘The Gigaton Challenge’, uniting sustainable food production and education. The Gigaton Challenge will create new carbon credits to incentivise and support farmers for adopting sustainable and regenerative practices.
Thes initiative has the potential to generate $15 billion of additional income for farming ecosystems worldwide.
Between 2021 to 2024, the Gigaton Challenge will initially follow a pilot phase in Brazil, Argentina India, the US and some European countries, which will be followed by a scaling-up phase from 2025 to 2040 worldwide.
