Boomitra, a leading climate tech innovator in carbon removal projects and Earthshot Prize Winner, has signed an agreement with Alqueria, Colombia´s largest certified B Corp, to promote regenerative agriculture and carbon finance to ranchers across Colombia. This project aims to transform over approximately 130,000 acres of ranchland by implementing sustainable agricultural practices for more than 1,000 dairy farmers.
Alqueria will collaborate closely with Boomitra to integrate regenerative techniques and support local farmers and ranchers involved in the initiative. With a 40 years duration, which will be revalidated every 10 years, this long-term partnership will ensure sustained positive impact in the Colombia agricultural sector.
“Alqueria is proud to lead initiatives that not only reduce our carbon footprint, but that provide tangible value for our dairy producers,” said Rafael Alvarez, Alqueria’s CEO. “This partnership with Boomitra, the first for this global leader in Colombia, is a perfect example of how we can integrate innovative technologies and sustainable practices to benefit the environment and our agricultural communities.”
Colombia’s rich biodiversity, diverse agricultural landscape, and robust carbon sequestration potential make it an ideal location for Boomitra’s expansion. The country’s supportive government policies and commitment to environmental stewardship further enhance the feasibility and impact of these projects.
Boomitra’s proprietary technology will measure the additional carbon sequestered in the soil. Colombian dairy farmers who participate in these projects will receive a majority of the revenue generated from the sale of these carbon credits, which they can reinvest in their lands and communities.
“We are thrilled to collaborate with Alqueria to bring impactful carbon projects to Colombia. This partnership represents a significant step towards our shared vision of sustainable agriculture and environmental conservation. By integrating our expertise in carbon sequestration with Alqueria’s deep-rooted presence in Colombia, we aim to drive positive change for local communities and contribute to global efforts in combating climate change. Together, we can create a model of sustainable development that benefits both the environment and the economy,” said Aadith Moorthy, founder and CEO of Boomitra.
