Carbon Offset Market Is Entering Farms Selling carbon credits to finance regenerative farming practices that hold more soil while producing food has captured the imagination of climate activists, corporations and farmers. has started in a few farms (Usually supported by major consumer goods companies such as General Mills, Danone and Kellogg) The entire agricultural sector was refrained from discussion – production.
“If you want to launch a carbon credit program You should apply to corn, soybeans and wheat because they are millions of hectares. [farmers] Yes,” said Guillermo Carvajal, vice president of sustainability at . produce payA platform that connects farmers, producers with retailers. “When you go produce You have more growers and crops spread. And that’s a challenge. [for carbon crediting]But it’s also a huge opportunity for the industry.”
Why is ProducePay affiliated with AllcotCarbon Credit Project Developer, is Carbon offset program launched Especially for vegetable and fruit growers Providing financial incentives for growers to reduce carbon emissions in their processes will help ProducePay manage its own Region 3 emissions by spinning emissions from suppliers’ crops.
Creating carbon credits for crop growers requires a more appropriate approach for large grains, corn and soybeans. According to Carvajal, a farm can grow a variety of crops, such as grapes, berries and asparagus. all in the same season Unlike a monoculture farm that focuses on large crops The growing diversity of fruits and vegetables on production farms has hampered straightforward storage plans. and requires crop-specific remediation practices. This creates additional barriers for farms to scale up with carbon credits.
when you go produce You will have more farmers and crops spread out. And that’s a challenge. [for carbon crediting]But it’s also a huge opportunity for the industry.
To solve this problem, ProducePay takes advantage of its communication with farmers. By using weekly check-ins to help farmers deliberately design their lands, Allcot has also developed a carbon credit program, audits and procedures taking into account these more frequent crop rotations.
“This project is to continue to trade carbon credits. It is intended to finance some notable improvements within culture and irrigation techniques, such as best practices in culturing and seed selection. Irrigation efficiency cross-fertilization improvements (e.g. choosing a natural fertilizer),” Natalia Rodrigo Vega, Alcott’s Chief Business Development Officer, wrote in an email.
She outlines soil-management techniques such as mulch and planting foundation that contribute to carbon storage. Plastic recycling for farm packaging processes and agricultural waste management solutions such as biomass and biofertilizers. This will enable farmers to stop using carbon-intensive synthetic fertilizers.
ProducePay now focuses on fruit and vegetable growers in Mexico and the United States. which was sold to US retailers at the start of this program. The Company and Allcot had a voluntary market relationship to sell credit. But there is no buyer in the record.
One of the reasons ProducePay believes its carbon credit system for crops to be successful is: feasibility study indicating that many growers have adopted sustainable agricultural practices. But this raises further questions – the whole point of carbon credits is financing a change that wouldn’t happen otherwise. Therefore, if farmers have changed their crops Carbon credits are also monetary rewards without any impact on the planet.
However, Carvajal argued that establishing a credit program would allow farmers to begin monitoring the actual impact of the changes.
“They’re doing it without any measurements,” he said. “We have to show scientific goals. Show them what the baseline is. and what can be done to build those shoals.”