Basf will launch the Global Low Carbon Agriculture Program to support farmers in reducing their CO2 emissions

With agriculture responsible for around 20% of global CO2 emissions, carbon-efficient agricultural practices can significantly contribute to combating climate change. BASF will establish a program that allows farmers to track and obtain financial returns from practices that reduce CO2 emissions, thus highlighting their efforts to contribute to the fight against climate change. The Global Carbon Agriculture Programme, which will be launched in phases from 2022, will support BASF's Agricultural Solutions Division's commitment to reduce the carbon footprint per ton of crop produced by 30% by 2030 for carbon crops. wheat, soybeans, rice, canola and corn.

The Global Low Carbon Agriculture Program will promote sustainable agricultural practices and optimize farmers' use of BASF's portfolio - from seeds, traits, chemical and biological solutions for crop protection, to digital agriculture tools and fertilizer management solutions. Sustainability tools will be used to guide and evaluate improvements, helping farmers make more assertive decisions. Thus, the program will help farmers reduce emissions in agriculture and sequester more carbon in the soil. In addition, BASF will create a global framework to allow farmers to generate carbon credits through recognized certifiers and earn additional revenue from their carbon reduction efforts.

Farmers play an important role in reaching the goal of net zero greenhouse gas emissions and limiting global warming. Through a holistic approach, the BASF program will contribute to increasing productivity and support farmers to become more resilient in agricultural operations.

"The launch of our Global Low Carbon Agriculture Program is a testament to our strong commitment to sustainable agriculture. It will enable farmers around the world to increase the health of their soils, reduce emissions, sequester carbon and - at the same time time - to be rewarded for their efforts to combat climate change," says Vincent Gros, global president of BASF's Agricultural Solutions Division.

BASF's Agricultural Solutions Division recently began the first multi-year field trials. These trials are focused on sustainable agricultural practices, carbon sequestration in the soil and reduction of emissions at the farm level. The results of the trials will allow farmers to benefit from synergies between BASF's innovative technologies, the power of precision agriculture through the xarvio® platform and the use of the AgBalance® sustainability assessment tool, to make sustainability-focused decisions.

In 2022, BASF will expand existing cooperation with customers and value chains and actively seek new partnerships in the sector with a focus on carbon management.