Los Angeles-based climate finance company Aspiration will team up with sustainable solutions developer Native, a public benefit corporation, to invest in two carbon removal projects in the US state of Montana and Argentina.
The projects are aimed at removing carbon dioxide (CO2) emissions from the atmosphere through sustainable grazing management.
By mimicking natural grazing practices of herd animals, the goal is to restore local ecosystems and improve their ability to sustain abundant and diverse species and livelihoods, Aspiration said in a statement.
The Northern Great Plains Improved Regenerative Grazing Project will be implemented on multiple ranches in Montana and parts of Wyoming, Idaho, Washington, North Dakota, and South Dakota, while the Patagonia Region Improved Grazing Project will focus on farms and ranches in southern Argentina.
Local partners will provide training and other support to ranchers and farmers participating in the two projects in order to promote more sustainable land use in the long term.
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“Partnerships like the one we’ve developed with Aspiration are key to expanding our work not only to combat climate change, but also to improve the lives of farmers and the communities we reach,” Jeff Bernicke, CEO of Native, said in a comment.
The two projects are designed to have higher livestock densities graze on smaller pastures followed by longer periods of rest, which leads to increased plant productivity and soil carbon inputs compared to the baseline, according to Aspiration.
Soil health enhancement practices support the sequestration of greenhouse gases (GHG) from the atmosphere into the soil, while at the same time relieving pressure on waterways and providing space for native species to regenerate.
Over time, more ranchers and landowners are expected to join the program which will increase the overall impact. For example, it is foreseen that the Patagonia project will cover more than 500,000 hectares (nearly 1.236 million acres) of land and generate roughly 620,000 metric tons of carbon removals a year.
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