Generating financial incentives for farmers to encourage the adoption of regenerative agriculture.
Climate Farmers emerged with a simple yet bold idea: to build the infrastructure to scale regenerative agriculture in Europe. Regenerative agriculture has the unparalleled potential to store carbon in the ground and restore healthy ecosystems, all while improving the livelihood of farmers. This project is tailored to farms located in both the southern and northern Mediterranean, and aims to generate financial incentives that encourage the adoption of these practices resulting in GHG reductions and carbon removals.
Regenerative agriculture can be described as an approach that goes beyond organic farming by focusing on rebuilding and regenerating the soil, as well as improving the overall health and biodiversity of the farm ecosystem. This includes, but is not limited to, practices such as the minimization or elimination of tillage, cover cropping, crop rotation, and residue management, as well as the incorporation of livestock into the farming operation. Regenerative agriculture also prioritizes a whole-systems approach and uses holistic decision making. Despite the known benefits that result from these practices, many farmers face various barriers preventing their transition, such as financial roadblocks, labor shortages, or knowledge gaps.
Monitoring and reporting of this project is carried out annually and farmers are obliged to report any kind of loss event. In the event of the latter, the total amount of released CO2eq is assessed and deducted from issuable credits. No credits are issued for a project unit if the loss of CO2eq exceeds removals and reductions.
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