CO2 GRO’s Technology Receives a Boost from COP28 Sustainable Agriculture Declaration
TORONTO, ON / ACCESSWIRE / December 13, 2023 / At COP28, 134 nations with 5.7 billion people committed to the "COP28 Declaration on Sustainable Agriculture, Resilient Food Systems, and Climate Action". This is the globe's first commitment at a COP …
TORONTO, ON / ACCESSWIRE / December 13, 2023 / At COP28, 134 nations with 5.7 billion people committed to the "COP28 Declaration on Sustainable Agriculture, Resilient Food Systems, and Climate Action". This is the globe's first commitment at a COP Summit to support sustainable agriculture science and evidence-based innovations and resilience in agriculture. It presents a tremendous opportunity for CO2 GRO Inc's ("CO2 GRO") (TSXV:GROW)(OTCQB:BLONF)(Frankfurt:4021) proven commercial precision agriculture technology to be rapidly expanded and deployed worldwide.
The company's increasingly dynamic technology is designed to consistently and sustainably boost crop yields by up to 30% at existing grow facilities not using CO2 with a minimal carbon footprint impact. For the few greenhouses in cold countries that can use CO2, the Company's technology can cut up to 95% of their CO2 use and create carbon credits while doing so.
Key Features of CO2 GRO's Technology:
Enhanced Crop Yields: CO2 GRO's technology sharply increases plant growth rates and crop yields at existing protected grow facilities, crucial to meeting global food demands for an ever-increasing global population. Use of our technology creates a more resilient food system as outlined in the COP28 Declaration.
Natural and Sustainable Solution: Our technology creates natural photosynthetic enrichment for crops by applying dissolved CO2 in light, intermittent misting. This approach aligns with the Declaration's emphasis on sustainable agricultural practices.
Climate Action Compatibility: CO2 GRO's technology boost agricultural productivity in a compatible way with the COP28 climate action goals. By optimizing existing grow facilities, our technology contributes to a reduction in agriculture's carbon footprint while boosting yields.
Adaptability and Resilience: Our technology is adaptable to all climatic conditions and agricultural settings while CO2 gassing (dosing) is not. It is therefore a much more versatile and efficient tool in building global and regional climate-resilient food systems. as stated in this COP28 Declaration.
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Economic Benefits for Farmers: By increasing crop yields and reducing input costs, CO2 GRO's technology typically offers two-year paybacks to protected growers buying our technology and similar added value renting or buying our technology over a long-term contract (Pay for Use). This supports the Declaration's objective of sustainable economic growth within the agricultural sector.