Global carbon project developer South Pole and farm management platform eAgronom will work together to speed up climate-smart farming across Europe and Africa. The partnership will offer a new approach to prepay farmers for Verra-certified CO2 credits generated by their projects.
The joint project aims to provide farmers with access to financial and agronomical support, which will make it easier for them to move toward sustainable agriculture without the need for a large upfront investment and significant risks.
Under most current CO2 credit standards, it could take years to receive payments for generated CO2 credits. That is why eAgronom’s introduced a new CO2 program that allows prepaying for carbon credits that will be generated in the future. This novel program aims to remove farmers’ barriers to entry and ultimately increase sustainable practices in farming.
Agriculture is responsible for 17% of global CO2 emissions.
“Agriculture has a huge part to play in ensuring our future survival on planet Earth,” said Robin Saluoks, CEO of eAgronom. “eAgronom’s mission is to fight climate change by bringing economic benefits to sustainable farmers through the creation of the highest quality carbon credits for the voluntary carbon market. Being able to offer farmers a complete solution from financing, consultancy, implementation, accreditation, measurement and verification means every farmer will be a climate-smart farmer in the not so distant future.”
In the partnership, South Pole will manage the credit certification, buyer engagement and sales.
“Carbon credits from climate-smart agricultural projects provide not only a reduction of emissions but also many social and environmental benefits, which are key at a time when our food system is facing unprecedented challenges,” said Renat Heuberger, CEO of South Pole.
The program will generate reliable and transparent CO2 credits to support practices such as cover cropping and reducing tillage.