From GlobeNewswire: 2024-04-24 09:30:00

noco-noco Inc. signed a Memorandum of Understanding with Binex Inc. Tokyo to develop agriculture-based carbon credits. Binex is engaged in advancing biofuel production by cultivating high-yield sorghum varieties, aiming to revolutionize the industry. The collaboration aligns with UN ESG goals, focusing on enhancing food security and reducing carbon emissions. Binex plans large-scale sorghum cultivation in Thailand and Australia to sequester carbon in soil for high-quality carbon credits. This innovative initiative aims to quantify and capture carbon content effectively, advancing GHG sequestration efforts. The partnership reflects a commitment to decarbonization and sustainable solutions in the EV and battery manufacturing sector.



Read more at GlobeNewswire: noco-noco Collaborates with Binex to Develop Agriculture