Growing Returns

How regional accounting can boost the integrity of the voluntary soil carbon market

As enthusiasm for agricultural soil carbon as a climate mitigation strategy grows, carbon registries and private companies are developing carbon crediting protocols to bring soil carbon credits into the voluntary market. Credits need to accurately represent net greenhouse gas reductions and be equivalent to each other.

An analysis by Environmental Defense Fund and Woodwell Climate Research Center found that this isn’t the case across the board, which creates uncertainty and confusion in the marketplace.

In a new paper published in Science, scientists at these organizations recommend a regional framework to boost market integrity and support farmers, governments and the private sector in delivering high-quality credits.

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Quick action needed to achieve full mitigation potential of soil carbon credits

The potential for agricultural climate solutions has led to surging interest in credits for soil carbon sequestration. The stakes for climate change and farmers are high, and there is a pressing need to evaluate emerging protocols for measuring, reporting and verifying soil carbon sequestration and net greenhouse gas removals.

With that in mind, Environmental Defense Fund and the Woodwell Climate Research Center reviewed 12 published protocols for soil carbon credits from cropland and rangeland, and published the results in a new report — Agricultural Soil Carbon Credits: Making sense of protocols for carbon sequestration and net greenhouse gas removals.

Here are the challenges the report found with current soil carbon credits and recommendations for overcoming them to build confidence in soil carbon markets. Read More »

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Study shows healthy soils protect corn yields and lower crop insurance payouts

Managing risks presented by extreme weather conditions such as heat and drought is a top priority of farmers and policymakers, as researchers predict that higher temperatures and reduced precipitation could reduce yields by up to 30% over the next 50 years.

Farmers are already experiencing these impacts and becoming increasingly dependent on the Federal Crop Insurance Program to manage the resulting yield risks. As of this February, 2020 crop insurance indemnities totaled $7.7 billion, with just over 60% of the average crop insurance premiums covered by the taxpayer. Read More »

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