Farming is not just one of the worst climate offenders, it is also at high risk from climate change. Verra has released a new Verified Carbon Standard (VCS) methodology that enables farmers and ranchers to access new revenue streams from farming carbon. "What we really focus on is: How do we bring new revenue streams to the farmer as they make this journey to sustainability?" said Indigo Ag CEO Ron Hovsepian.įarmers are encouraged to plant cover crops and reduce tillage to improve soil health, water quality and biodiversity. This can help make crops more resilient to global warming. Indigo Agriculture raised another 360 million for a carbon credit system that incentivizes farmers to grow food with environmentally sustainable methods. Buyers so far include JPMorgan Chase, The North Face and Barclays. Indigo AG introduced its first tranche of farm soil carbon credits just a few weeks ago, with its program producing 20 thousand tonnes in credits, or emissions offsets. The amounts differ depending on the farm and the current price in the carbon credit markets. Then, it pre-pays the farmers an amount that is then verified by the Climate Action Reserve, a California-based environmental organization that monitors the North American carbon market to ensure integrity, transparency and financial value. Maple Leaf Foods and Epiphany Craft Malt will purchase verified agricultural carbon credits to further their sustainability objectives. Here's how it works: Indigo Ag takes measurements to determine how many carbon credits each farm would produce, and therefore how much money the farmers would get. Indigo Agriculture announced additional multi-year commitments to purchase verified agricultural carbon credits through Indigo Carbon. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower ![]() ![]() Best Debt Consolidation Loans for Bad Credit
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