Corteva Carbon Initiative will help farmers produce carbon credits for a fair price, with programmatic and agronomic support from a Corteva advisor
Corteva has announced the expansion of its Carbon Initiative for the 2022 crop year, supported by a strategic collaboration with Indigo. Corteva’s programme continues to provide a simple path for farmers to maximise the value of their soil health practices, now by producing independently verified credits measured, generated and sold through Carbon by Indigo.
Through this expansion, the Corteva Carbon Initiative’s core focus remains to help farmers produce carbon credits simply and for a fair price, with programmatic and agronomic support from a Corteva advisor. Farmers are in control of their practices and can use Corteva’s free and easy-to-use digital tool, Granular Insights, to securely log those practices, seamlessly measure their impact, and generate premium credits with Carbon by Indigo.
“In a fast-growing agricultural carbon credit market, Indigo’s science-based programme is committed to demonstrating real climate impact in service of generating real revenue for farmers. Corteva is a partner who shares our position of farmer’s choice. As with any crop, quality drives value,” said Chris Harbourt, Global Head of Carbon at Indigo.
The Corteva Carbon Initiative now harnesses the power of Carbon by Indigo’s advanced capabilities for measuring and verifying carbon sequestration and greenhouse gas abatement at scale and aligned with industry standards, signalling a meaningful step forward for establishing carbon credits as a new revenue source for farmers. The collaboration brings to access to a guaranteed buyer network for independently certified carbon offsets, including leading global organisations such as Boston Consulting Group and JPMorgan Chase.
The collaboration builds on both companies’ efforts to leverage cross-sector industry cooperation to help farmers optimise their return on investment on soil health practices. For example, by measuring and quantifying farmers’ carbon impact by standards set by the Climate Action Reserve, a non-profit organisation that manages leading GHG offset project registries, the collaboration provides transparency and confidence in credits generated for the benefit of growers and buyers.
