WILMINGTON, Del., Oct. 16, 2019 /PRNewswire/ -- Corteva Agriscience
(NYSE: CTVA) announced today a $500,000 commitment to create the Corteva
Agriscience Climate Positive Challenge to catalyze a movement
toward climate-positive agriculture. The grant program will be
launched next year and reward efforts that offset carbon emissions
and protect the environment while sustaining farms and farmers.
The challenge grants will provide financial rewards to farmers
who are already advancing innovative climate-positive practices for
collaborating with local environmental groups, universities,
growers or others in the ag value chain to help scale the effort
beyond their own acres.
"We understand the challenges farmers around the world are
facing as it relates to trade, policy and weather challenges," said
James C. Collins, Jr., Chief
Executive Officer of Corteva Agriscience. "These reasons are our
primary drivers for announcing this now - to provide incentives for
those farmers that have a keen eye for scaling their
practices."
Collins first introduced the concept of climate-positive
agriculture at last year's World Food Prize. Since then, the
company had meetings with farmers and organizations representing
every facet of agriculture and food production on the forefront of
advancing agricultural sustainability. The discussions explored
what it would take to create a carbon-negative and climate-positive
agriculture industry around the world.
"Clearly, there's a thirst and passion to collaborate and
coordinate so that we can best tackle what is undoubtedly the
biggest challenge of our lifetimes," said Collins.
Corteva is already working toward creating market-driven
financial incentives for farmers. The company's subsidiary,
Granular, is collaborating with Nori, the world's leading carbon
dioxide removal marketplace. The site connects buyers of carbon
offsets with farmers who are applying sustainable farming practices
and provides them with a viable carbon credit market that will
generate revenue.
"This is just the beginning," said Collins. "There's so much
more we – and all of us working together – can do."
About Corteva Agriscience
Corteva Agriscience is a publicly traded, global pure-play
agriculture company that provides farmers around the world with the
most complete portfolio in the industry - including a balanced and
diverse mix of seed, crop protection and digital solutions focused
on maximizing productivity to enhance yield and profitability. With
some of the most recognized brands in agriculture and an
industry-leading product and technology pipeline well positioned to
drive growth, the company is committed to working with stakeholders
throughout the food system as it fulfills its promise to enrich the
lives of those who produce and those who consume, ensuring progress
for generations to come. Corteva Agriscience became an independent
public company on June 1, 2019 and
was previously the Agriculture Division of DowDuPont. More
information can be found at www.corteva.com.
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companies or their respective owners.
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SOURCE Corteva Agriscience