Jesse Klein writes in GreenBiz on how food company Cargill is aiming to connect farmers to carbon offset buyers.
- In its new program called RegenConnect, Cargill is planning to expand regenerative agriculture practices across 10 million acres of land in North America by 2030 by connecting farmers and landowners to companies that are looking to reduce their carbon footprint.
- In 2020 Cargill managed a pilot program that ran on 10,000 acres in Iowa, paying farmers $35 to $45 per acre to adopt regenerative ag practices.
- While carbon markets have their set of challenges, climate solutions that empower landowners and farmers are important to reducing emissions.
“With RegenConnect, Cargill has effectively decided to create its own branded marketplace instead of partnering with an outside firm. It remains to be seen whether other large food companies active on sustainability, such as Danone and General Mills, will follow Cargill’s lead and create their own marketplaces.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
