Newsletter August 2024 Copy Copy

EoL in August 2024

A joint session organized and presented by the Carbon Footprint Center (CFC), for the EY company.

The session was presented by Dr. Thoraya Saeda, the CFC director. She presented the effects of climate change on the environment, soil productivity and food security. Additionally, the sustainable businesses role in mitigating climate change and enhancing soil productivity. Eventually, there was a prepared plan for planting numerous trees at SEKEM farm in the sharqiya region. All teams join the event together.

Economy of Love Achievements

The EoL standard was recognized by the Financial Regulatory Authority as a carbon registry in the voluntary carbon market.

EoL introduced 13 group projects to the FRA and got accepted to be auctioned in the EGX. The Carbon Credits that were made available for trade in the EGX amount to 13,375.

EoL sold Carbon Credits in August/July

The EoL standard was recognized by the Financial Regulatory Authority as a carbon registry in the voluntary carbon market. EoL introduced 13 group projects to the FRA and got accepted to be auctioned in the EGX. The Carbon Credits that were made available for trade in the EGX amount to 13,375.

The Egyptian Biodynamic Association takes part in the Agri Business Expo

The EBDA team is involved in developing and implementing the Meeza cards system for the registered farmers, successfully adding 300 applications and sending them to the NBE to review. The EBDA together worked on issuing 1500 Meeza cards in total. 1331 cards have been distributed to the EBDA engineers for our registered farmers. By the beginning of October, the total 1331 cards are planned to be activated for the EBDA farmers. The plan is to issue 5000 Meeza cards to our farmers by the beginning of 2025.

EBDA/EoL Media & Communication Team

In August 2024, EBDA communication team traveled to:

Fayoum Governorate: covering the marvelous event of cotton harvest at Fayoum.

Additionally the team continued editing and publishing of the learning videos and reels on social media that included:

Successfully published 27 videos on social media ( YouTube and Instagram ) that included information of the following crops: (Mint, Henna & Fennel) in addition to the informative videos that helps to update viewers on our activities.

National Bank of Egypt (NBE) Updates

PGS Updates

Until the end of August, more than 383 farms across over 15 governorates are undergoing PGS (Participatory Guarantee System) audits. These audits, conducted by selected peer reviewer groups, commenced at the beginning of the year and aim to ensure that the farms adhere to the EoL and biodynamic PGS standards. More than 172 farms out of the 383 farms have been audited already, 69 are ongoing and 142 are audited.

A visit to Daltex Company for bio-fertilization

VRM Compost

The EBDA research team visited Daltex Farm to see and comprehend every facet of the Singaporean VRM company’s approach to producing a humic material that functions as fertilizer and breaks down agricultural waste without spinning over and over again in an effort to cut costs. It is currently being tested to demonstrate its efficacy after being implemented at Egypt’s sole Daltex farm. We collected samples of it for laboratory analysis, and subsequent actions will be determined by the results.

EoL Research Progress

The assigned team successfully implemented another trial for producing Biochar and studying its benefits for farmers and their lands. The trial was at SEKEM farm supervised by Dr. Abdullah Korayem who specializes in biotechnology and fertilization. Other several trials and visits were implemented such as:

Biochar & Wood Vinegar

While conducting a preliminary test of the oven to identify any operational issues before the main experiment, we ran it for half a cycle before halting the process to reinstall the gasket (wooden gate cover frame). During this period, approximately 5 liters of wood vinegar and tar were produced

The Economy of love organized a three-day training

EoL Agronomists’ Monthly Trainingnication Team

The goal of the training program was to increase knowledge of organic weed control, organic pest management, and integrated nutrient management and biofertilization techniques. It was an extremely interactive training that addressed the engineers’ questions regarding the principles and various techniques of soil organic fertilization, weed and pest management, and how to introduce these practices to EoL farmers, as opposed to the use of synthetic fertilization that is harmful to the environment.