![]() Their credit buyers include JPMorgan Chase, Barclays and The North Face. Indigo said that partnering with the CAR would reassure buyers of its ag soil credits. It’s part of the growing voluntary carbon market which experts expect to reach $50 billion by 2030. “It is hard to overstate the importance of this milestone… This issuance validates the role of agriculture in meeting the world’s urgent need for the kind of sustainability and climate solutions… that Indigo’s network of farmers, soil scientists, buyers, and partners have worked tirelessly to realize.”ĬAR’s issuance of 20,000 farm soil carbon credits is the very first for generating quality offsets via a carbon farming program. Hence, there has been growing recognition and demand for ag soil carbon credits. ![]() And that’s through one of the world’s biggest and most vital carbon sinks – the soil. The issuance of these credits shows how farmers can help mitigate climate change. Meanwhile, nature-based solutions have been around in removing greenhouse gases.Īgriculture has historically produced less than 1% of voluntary carbon credits. While carbon removal technologies are emerging to help limit global warming, they face the major challenge of scale up. It offers a credible, nature-based climate solution for businesses. Indigo’s carbon farming program is one of the projects by agriculture firms tapping market-based solutions to capture and store carbon on the farm’s soils. It’s the largest state-level carbon standard so far. Climate Action Reserve (CAR) will verify and issue these ag carbon credits.ĬAR is a non-profit registry and carbon credit standard in California. This historic milestone for Indigo’s carbon farming program makes agricultural carbon credits a new revenue stream for farmers. U.S.-based Indigo Ag harnesses science and technology to help improve the sustainability and profitability of the agriculture industry. Indigo Agriculture announced its first-ever production of 20,000 soil carbon credits that it will sell as emissions offsets to large companies.
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