Regenagri has launched the world’s first global carbon insetting programme, specifically for agri-commodities supply chains. Nine producer organisations from the USA to India have signed up, more are expected.
Providing farmers with a route to monetise the positive environmental impacts achieved through regenagri certification, this step will aim to benefit farm businesses financially and improve supply chain sustainability, explains Franco Costantini, regenagri CEO.
“We’re pleased to announce an initial group of nine producer organisations across the USA, Ivory Coast, Turkey, Brasil, Pakistan and India have joined our carbon insetting programme, turning their regenerative practices across 871,827 acres into an opportunity for additional financial returns,” he says.
“This group includes different types of regenagri-certified organisations, from individual farms to smallholder collectives and farm cooperatives, growing a diverse range of crops, including cotton, coffee, nuts, soybeans, sugar and cereals.
Mr Costantini explains the carbon insetting programme builds on regenagri’s globally recognised certification, offering farmers an integrated solution for reaping the rewards of impact from regenerative improvements made on-farm.
“As part of the regenagri annual certification process, farms undergo annual third-party audits to validate their GHG and carbon reduction data, according to approved methodologies and protocols including the GHG Protocol and IPCC (Intergovernmental Panel on Climate Change) principles,” he says.
By the end of 2025, the regenagri insetting programme is expected to expand to reach 1.5 million acres of farmland and generate more than 600.000 carbon insetting units.
“For those registered for the insetting programme, carbon insetting units will be issued based on the reduction in carbon footprint – offering the opportunity of an additional financial benefit to producers, as well as benefitting the planet.
He adds: “The insetting programme also provides supply chain organisations with the opportunity to decarbonise their supply chains by purchasing carbon insetting units generated by the very farms they source from. This ensures direct impact.”