Press release·October 19, 2023·4 minutes

Farmers Invited to Join Growing Carbon Farming Movement for Upcoming Harvest Year

Farmers can access a new revenue stream by adopting regenerative practices

Copenhagen, Denmark – 19 October 2023: Leading agtech company Agreena, is inviting European farmers to enter its soil carbon programme for harvest year 2024. AgreenaCarbon, Europe’s largest soil carbon platform, helps farmers finance their transition to regenerative practices and is now opening its fourth year.

More than one million hectares have been registered with the programme and AgreenaCarbon has already paid farmers more than EU6 million, with farmers earning at least EU32 per carbon certificate from their regenerative farming practices.

“Through regenerative practices — such as no-till, min-till, and the growing of cover crops — farmers can play a key role in the delivery of climate mitigation services and have an extremely powerful seat at the climate change table. Farmers need to be financially rewarded for providing these vital services and AgreenaCarbon does just that,” said Niels Vittrup, Commercial Director at Agreena.

Farmers in the programme agree to undertake a range of measures, such as optimal use of cover crops and reduced soil disturbance. Agreena’s internationally accredited and third-party validated programme quantifies the farm’s greenhouse gas reductions and carbon removals and issues the verified CO2e certificates. Farmers can keep the certificates, trade them on the voluntary carbon market (VCM), or let Agreena sell them on their behalf. An early payout option is also available for farmers, with funding provided by Agreena before certificates are issued.

Farmers are facing unprecedented challenges, including economic and political uncertainty and changing weather patterns. AgreenaCarbon provides a vital additional income for farmers, ensuring their businesses are both profitable and environmentally sustainable.

Agreena’s carbon certificates follow an IPCC-aligned rigorous scientific methodology and the world’s leading certification standards for ensuring carbon is removed. The company’s leading remote sensing MRV technology allows it to continuously monitor, verify and report on-farm practices and outcomes.

The integrity of Agreena’s approach to carbon farming was a significant factor in encouraging UK farmer, John Miller, to join the programme:

“One of the main reasons I joined the Agreena soil carbon programme in 2021 was that it was the only company that I thought was credible and whose carbon certificates would actually provide me with an additional revenue at the end of harvest,” said Miller. “This is key as the voluntary carbon market continues to grow and evolve and I have complete confidence that Agreena will maintain its leadership position in this marketplace,” added Miller.

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Notes to Editors

  1. Carbon sequestration in agriculture has been identified as one of the top solutions to scale climate action, however it can involve high upfront costs for farmers. By leveraging the VCM to convert climate-friendly farming efforts into high-quality carbon certificates, Agreena is driving a new revenue stream to the farmer. Farmers are seeing the benefit too: 20% of the year-on-year hectare growth in Agreena’s portfolio came from member farmers adding more land to the programme.

  2. It is estimated that at least 50% of the carbon in the earth’s soils has been released into the atmosphere over the past centuries. Bringing that carbon back home through regenerative agriculture is one of the greatest opportunities to address human and climate health, along with the financial well-being of farmers. [Source: Project Drawdown]

  3. Nature-based solutions, including improving the management of working lands, such as farms, are among the top five most effective strategies for mitigating carbon emissions by 2030. [Source: IPCC, Sixth Assessment Report]

About Agreena

Agreena unlocks the power of soil carbon removals and natural capital to finance the transition to regenerative agriculture. Working in close collaboration with partner farmers across 17 European markets and growing, AgreenaCarbon is Europe’s leading soil carbon platform. Combined with market-leading satellite monitoring technologies, Agreena’s solutions can support farmers, companies, and governments on the road to net zero.