Growing Interest in Carbon Markets Coming from All Sides
by Rhiannon Branch (Brownfield Ag News) Interest and growth in carbon market programs is booming. A recent ecosystem markets webinar hosted by the Illinois Sustainable Ag Partnership had more than 1600 participants registered with more than 600 questions submitted ahead of time.
Speaker Kari Hernandez, Global Head of Carbon Operations and Offer Marketing with Indigo Ag says demand for high quality carbon credits is on the rise and demand is slow to catch up.
“With over 30% of Fortune500 companies making climate neutrality commitments, more and more are going to be looking for carbon offsets to be a part of their plan to get there. The Boston Consulting Group is already stating publicly that they expect to be paying $35 per credit in a few more years and as much as $80 per credit by the end of the decade.”
Adam Kiel, Managing Director for the Soil and Water Outcomes Fund says there is a lot of information in this new space, but ensures farmers they are there to help them create positive change.
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Ag and conservation groups from Iowa, Indiana, Ohio and Wisconsin collaborated with ISAP to offer the two-hour virtual discussion. READ MORE
Brief: Biden’s climate plan includes ‘carbon bank’ for farmers who adopt regen practices (Ag Funder News)
Report: Climate-smart tech needs better investment despite growing calls for soil health and carbon farming (Ag Funder News)
To Meet Ambitious Emissions Goals, Large Food Companies Are Looking to Lock Carbon in Soil (Smithsonian Magazine)
Affinity Mapping: Increasing Efficiencies in the Planning Process/How To Find Farmers Interested In Carbon Markets (Trust in Food)
Top Producer Summit Recorded Presentation: What to Know about Carbon Markets (AgWeb)
Giving carbon credit: Lessons from unchecked financial markets (Green Biz)
