It will provide farmers with simple and clear access to incentives and initiatives related to sustainable and regenerative agriculture practices.
Corteva Agriscience has announced the creation of a new Carbon and Ecosystems Services portfolio to develop innovative products and services. The initial offering will enable the carbon sequestration process, ease access to carbon credits and create flexible solutions to help farmers increase profitability while contributing to a climate change solution.
Additionally, Corteva has created the 2021 Climate Positive Leaders Program, which will recognise ’early adopter’ farmers and ranchers who have successfully implemented climate positive agriculture practices. These efforts support Corteva’s 2030 Sustainability Goals and are key components of the company’s Climate Positive Commitment.
“As a company committed to helping farmers drive their businesses forward and working to ensure global food security, we are focused on bringing advanced innovations to market that will help increase yield and profitability while also making a measurable impact in reducing climate change,” said James C. Collins, Jr., Chief Executive Officer, Corteva Agriscience.
Anne Alonzo, Senior Vice President, External Affairs and Chief Sustainability Officer, Corteva Agriscience, added, “We recognise the urgency of addressing climate change to ensure farmers will be able to produce a healthy food supply for generations to come. There is an increased understanding that sustainable climate change mitigation is not only critical for our environment but also for ensuring the ongoing health of the farming sector globally. Corteva Agriscience is dedicated to providing our customers with best-in-class solutions to address environmental issues while strengthening their businesses.”
Carbon and Ecosystems Services Portfolio
Corteva’s new Carbon and Ecosystem Services portfolio, part of Corteva’s Digital Business Platform, will provide farmers simple and clear access to incentives and initiatives related to sustainable and regenerative agriculture practices.
Corteva’s integrated approach with agronomy support, digital solutions, carbon advisory services and access to carbon markets will help farmers make impactful and sustainable changes that return economic and environmental benefits. Dedicated Corteva Carbon Specialists will work with farmers and industry collaborators across the food and agriculture system to uncover carbon market opportunities. The initiative builds on Corteva’s strong history of putting farmers first, as illustrated by the company’s facilitation of the first modern carbon payout in 2019 to a farmer for adopting regenerative practices and capturing carbon credits.
The introductory launch of Corteva’s Carbon Initiative will be targeted to row crop farmers in Illinois, Indiana and Iowa this year, with the intent to expand to new geographies and crops for the 2022 growing season.
