P. K. Madhavan stood proudly next to a young, sturdy mahogany tree, one of 100 he planted three years ago on his farm in Wayanad District in the southern Indian state of Kerala.
Madhavan’s 0.8 hectares of land in Meenangadi village used to be lush with cash crops — coffee, black pepper and betel nut — but two decades of drought and unseasonally heavy rain have decimated his yields.
Now the mahogany plantation is one of his only reliable sources of income, earning him up to 5,000 rupees (US$67) a year — and all he has to do is keep the trees standing.
Photo: AFP
The 84-year-old farmer is being paid to plant and protect trees through a “tree banking” scheme, the project at the heart of Meenangadi’s campaign to become India’s first carbon-neutral village.
Madhavan got his saplings free of charge from Meenangadi’s panchayat, or village council, which has pledged lend him 50 rupees per tree for every year he does not cut it down until 2031.
At that point, the loan is written off and he can do what he likes with the trees, including felling them to sell for timber.
“Every morning, I spend some time looking after these trees. I am really happy to say that except for three [which died naturally], all are steadfastly growing,” Madhavan said. “Sooner or later, my land will become a small forest filled with infinite greenery.”
Over the past decade, Kerala’s farmers have faced rising temperatures and erratic rains, while deforestation has caused soil degradation, making their land more vulnerable to flooding and mudslides.
Wayanad District is suffering more than most, with the Kerala State Action Plan on Climate Change naming it as one of the state’s four hotspots.
Tree-planting initiatives are taking root worldwide as governments and corporations look for ways to cut planet-warming emissions, and fight pollution and land degradation — or simply to earn credits to offset their carbon emissions.
However, many projects fail when they rely on locals with little time or money to look after newly planted trees.
Meenangadi’s tree-banking project avoids that pitfall by giving farmers an ongoing incentive to protect trees, said C. Jayakumar, executive director of Thanal, a local environmental group helping implement the village’s carbon-neutral program.
“The message here is that climate change is being linked with climate justice,” he said. “Usually, it will take a farmer one or two decades to get the financial benefits of planting a timber tree sapling. With this project, the farmer gets money from the start.”
MONEY GROWS ON TREES
When Meenangadi started its carbon-cutting journey in 2016, an energy audit indicated the village population of 33,450 was generating 15,000 tonnes of excess carbon every day.
To help bring that number down to zero within the next four years, the aim is to plant at least 350,000 trees to soak up carbon dioxide from the atmosphere, said K.E. Vinayan, president of the village council.
A farmer who joins up is given tree saplings grown in the council’s nursery or donated by the Kerala Forest Department.
Ranging from trees for timber and fruit to bamboo, most are native species chosen for their ability to absorb large amounts of carbon and withstand wild weather swings, as well as to generate an income for farmers once they mature, Vinayan said.
Three years after planting, the farmer can mortgage the trees for a 10-year interest-free loan from the council, which only has to be paid back if any of the trees are cut down.
If a tree dies due to disease, heavy rain or drought, the farmer continues to receive money for it, Vinayan added.
So far, 780 farmers have enrolled in the scheme, and the village has planted 172,000 saplings, including on vacant lots and those handed out to farmers who support the net-zero push but do not want to join the tree-banking project.
It has already distributed 350,000 rupees in the first tranche of loans, with the second tranche coming soon, boosted by a 100 million-rupee grant from Kerala state.
While a first survey is still under way, Vinayan said that as far as he knows, none of the trees have been cut down.
Yet it is vital that farmers be allowed to use their trees however they want at the end of their loan period, because “they are the real owners and custodians of the trees,” he said. “We don’t want to permanently infringe on their rights.”
The council plans to regularly review the project with a view to extending the mortgage period or launching a new scheme to incentivize farmers to preserve their plantations, he added.
VILLAGE INSPIRATION
Even if most farmers joining Meenangadi’s project decide to leave their trees standing, many environmentalists say that tree-planting drives are not nearly enough to slow planetary warming.
G. Balagopal, an environmentalist and committee member of scientific organization Kerala Sasthra Sahithya Parishad, said he supported the tree-banking scheme, but it had limitations.
“Climate change is a global phenomenon — it can’t be mitigated by massive tree-planting in a particular region,” he said.
The benefits of planting trees are canceled out if the carbon they pull from the air is replaced by greenhouse gases coming from vehicles, household heating and power sources, he said.
“The need of the hour is new [green] technology like solar,” he added.
Meenangadi council members said they are looking at other ways to bring down carbon emissions, including shifting to solar lighting and electric vehicles, and using high-efficiency stoves.
The village’s climate ambitions are also spreading. The governing council for Sulthan Batheri Block, the district sub-division where Meenangadi is located, launched its own net-zero program last month.
“Meenangadi’s carbon-neutral mission has really inspired us,” said C. Assainar, president of the Sulthan Batheri Block Panchayat.
For Madhavan in Meenangadi, the village’s plan offers hope that he and his fellow farmers can help calm the erratic weather that has turned Wayanad District from an agricultural champion to a region in crisis.
“I hope the ongoing carbon-neutral campaign will help us recapture our past glory,” he said.
In Italy’s storied gold-making hubs, jewelers are reworking their designs to trim gold content as they race to blunt the effect of record prices and appeal to shoppers watching their budgets. Gold prices hit a record high on Thursday, surging near US$5,600 an ounce, more than double a year ago as geopolitical concerns and jitters over trade pushed investors toward the safe-haven asset. The rally is putting undue pressure on small artisans as they face mounting demands from customers, including international brands, to produce cheaper items, from signature pieces to wedding rings, according to interviews with four independent jewelers in Italy’s main
Macronix International Co (旺宏), the world’s biggest NOR flash memory supplier, yesterday said it would spend NT$22 billion (US$699.1 million) on capacity expansion this year to increase its production of mid-to-low-density memory chips as the world’s major memorychip suppliers are phasing out the market. The company said its planned capital expenditures are about 11 times higher than the NT$1.8 billion it spent on new facilities and equipment last year. A majority of this year’s outlay would be allocated to step up capacity of multi-level cell (MLC) NAND flash memory chips, which are used in embedded multimedia cards (eMMC), a managed
Japanese Prime Minister Sanae Takaichi has talked up the benefits of a weaker yen in a campaign speech, adopting a tone at odds with her finance ministry, which has refused to rule out any options to counter excessive foreign exchange volatility. Takaichi later softened her stance, saying she did not have a preference for the yen’s direction. “People say the weak yen is bad right now, but for export industries, it’s a major opportunity,” Takaichi said on Saturday at a rally for Liberal Democratic Party candidate Daishiro Yamagiwa in Kanagawa Prefecture ahead of a snap election on Sunday. “Whether it’s selling food or
In the wake of strong global demand for AI applications, Taiwan’s export-oriented economy accelerated with the composite index of economic indicators flashing the first “red” light in December for one year, indicating the economy is in booming mode, the National Development Council (NDC) said yesterday. Moreover, the index of leading indicators, which gauges the potential state of the economy over the next six months, also moved higher in December amid growing optimism over the outlook, the NDC said. In December, the index of economic indicators rose one point from a month earlier to 38, at the lower end of the “red” light.