CITI, ICAC, Merago launch carbon credit project for Indian cotton farmers

The Confederation of Indian Textile Industry (CITI), the International Cotton Advisory Committee (ICAC), and Merago Inc. signed an MoU to establish regenerative agriculture carbon credit projects for Indian cotton farmers. The initiative aims to generate carbon credits from sustainable cotton farming, including biochar production and compost application, to provide farmers with additional revenue. CITI-Cotton Development Research Association (CITI CDRA) will manage farmer outreach, ICAC will provide technical expertise, and Merago will handle the carbon asset platform. Credits will be processed and verified under Article 6 of the Paris Agreement and Indian regulatory standards for commercialisation in domestic and international markets.