Can farmers reap biodiversity market benefits?
Nov 22, 2023 ·
31m 15s
My key takeaways from this podcast were: - Trinity Agtech believes that carbon is just one part of the story, that farmers have much more to offer in terms of...
show more
My key takeaways from this podcast were:
show less
- Trinity Agtech believes that carbon is just one part of the story, that farmers have much more to offer in terms of environmental benefits
- Their accounting tool is called Sandy, as “another person on the farm”
- The tool is used to measure changes in soil carbon, as well as farm impacts on soil, natural capital, biodiversity and water
- Carbon is still a big part of what they do. They measure changes in soil carbon – which farmers can monetise via offset markets – using a combination of soil sampling and modelling
- They find that farmers can use Sandy, and evidence of improved biodiversity, to achieve a premium on their carbon offsets.
- They cite one example where a farmer sold carbon offsets for £100 per tonne of CO2 avoided, because of additional biodiversity improvements, versus average trades of £35-40/ tCO2
- But this market for biodiversity premiums is in its infancy Trinity Agtech is a young company only a few years old, but says it already has 1,500 farming customers in Britain and the EU
- The company plans to expand next into the United States and South America
Information
| Author | Gerard Wynn |
| Website | - |
| Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company
