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UAE: David & Goliath Farms capitalize on carbon credits

David & Goliath Farms' journey is a testament to innovation, determination, and the relentless pursuit of a sustainable future. This was stated by Dr Lal Bhatia, Chairman of David and Goliath Farms, during an exclusive interview with the Gulf Today, adding that like many startups, David & Goliath Farms faced significant obstacles in securing traditional funding for their innovative agricultural project.

"High interest rates, stringent credit checks, and economic volatility made raising equity seem like an insurmountable challenge. Refusing to let rejection crush their spirits, the farm's founders turned to a unique solution: carbon credits. With unwavering resolve, they embarked towards the world of climate finance, seeking innovative solutions to realise their groundbreaking vision." Bhatia added.

He noted that the visionaries at David & Goliath Farms understood the power of carbon credits — financial tools that represent a metric ton of reduced CO2 emissions. These credits became their key to unlocking a greener, more prosperous future.

"With bold foresight, they planned to monetise carbon credits even before planting their first seed. By projecting the impact of their sustainable practices – from organic farming to renewable energy – they painted a vivid picture of a farm that would not only nourish the earth but also heal it."

Read more at gulftoday.ae

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