The UAE-based bank CBI has announced its strategic investment in Boomitra, an award-winning carbon project developer and Earthshot Prize laureate. The partnership aims to advance regenerative agriculture across the Middle East, Africa, and Asia by deploying cutting-edge AI-enabled solutions to empower farmers and strengthen climate resilience.
Boomitra’s innovative use of satellite data and AI to measure soil carbon sequestration will play a pivotal role in the initiative. By enhancing soil health and improving crop yields, the approach also generates valuable carbon credits, offering financial incentives for farming communities to adopt sustainable practices.
The initiative aligns closely with the UAE’s vision for sustainable development, particularly in fostering climate-smart agricultural systems as part of the nation’s broader environmental goals.
Gulf Economist Staff Writer