Regenerative Agriculture Carbon Project
Flagship carbon farming program to generate premium, verified carbon credits from regenerative agriculture practices across the USA
Anew Climate LLC, Locus Agricultural Solutions
Operating (2023E carbon credit accumulation)
Verra Verified Carbon Standard voluntary carbon credit
Proceeds sharing agreement with Anew Climate LLC
Green Star Royalties and Anew Climate announced an agreement to create premium, verified carbon credits that will reward the adoption of regenerative agriculture practices by North American farmers. This agreement initially started a program that would enable an Anew Climate and Locus AG partnership to incentivize regenerative agriculture practices on 320,000 acres of farmland, maximizing soil health and the soil’s carbon sequestration capacity. However, following strong demand and grower enrollment, in April 2022 the CarbonNOW® carbon farming program was expanded more than fourfold to cover 1.32 million acres of farmland. Green Star Royalties and Anew Climate expect this expanded program to result in over 2 million carbon credits per year, generating credits starting in 2023 from regenerative agriculture practices undertaken during the 2022 growing season. The carbon credits will be available for sale in the voluntary carbon marketplace. This program has been financed by Green Star Royalties, with Anew Climate executing the carbon offset development and sales.
- Sustainable farming: This initiative aims to finance and accelerate the transition of North American farmers to sustainable farming practices that will improve soil health and accelerate atmospheric CO2 removal and sequestration into soils.
- Innovative, aligned benefit structure: Pioneered by Green Star Royalties and Anew Climate, this novel approach, in partnership with grower-facing organizations such as Locus AG, enables farmers to participate in the carbon credit market, maximizing benefits and alignment to all program participants.
- Regenerative agriculture aims to promote topsoil health regeneration and to rebuild soil organic matter while improving water management, reducing or eliminating nitrogen-based fertilizers, increasing biodiversity, and implementing low tillage and cover crop practices.
- Regenerative agriculture reverses climate change by sequestering significant additional amounts of atmospheric CO2 into soils than would have not otherwise occurred by utilizing current farming practices.
Anew Climate is a climate action partner for private and public companies, non-profit organizations and governments. Anew Climate has pioneered creative solutions to the climate crisis since 2001, with deep expertise across environmental technologies and markets.
Locus AG is an agtech Certified B Corporation and World Business Council for Sustainable Development innovator that is helping to solve the interrelated challenges of climate change and food security.