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Amazon signs 30 million deal to buy rice farm carbon credits in India
Economy
Published on 24 April 2026
Carbon credits from paddy fields now head to Amazon
Amazon has agreed to pay $30 million for carbon credits produced by Indian rice farmers through the Good Rice Alliance. The programme is backed by Bayer, Temasek’s GenZero, and Shell. The deal is touted as one of the biggest agricultural carbon credit transactions worldwide and the first large-scale one of its kind in India.
- Amazon will buy $30 million in carbon credits from Indian rice farmers
- Credits come via the Good Rice Alliance partnership network
- Deal partners include Bayer, GenZero, and Shell
- Described as a landmark large-scale agricultural carbon transaction for India
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times