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Regenagri has introduced the first global carbon insetting programme tailored specifically for agri-commodities supply chains, aiming to help farmers monetise their environmental efforts. This initiative is designed to financially benefit farm businesses while enhancing sustainability within supply chains.
Franco Costantini, CEO of Regenagri, announced that an initial cohort of nine producer organisations from countries including the US, Ivory Coast, Turkey, Brazil, Pakistan and India will participate in the program. Collectively, these organisations manage approximately 871,827 acres of land employing regenerative agricultural practices.
The participating entities range from individual farms to smallholder collectives and cooperatives, cultivating a variety of crops such as cotton, coffee, nuts, soybeans, sugar and cereals. This diverse representation underscores the programme's broad applicability across different agricultural sectors.
Costantini noted that the carbon insetting programme builds on Regenagri’s established certification framework, providing farmers with an integrated solution to capitalise on their regenerative practices.
As part of the annual certification process, farms undergo third-party audits to verify their greenhouse gas (GHG) reduction data, adhering to recognised methodologies including the GHG Protocol and the principles set forth by the Intergovernmental Panel on Climate Change (IPCC).
The program aims to expand its reach to 1.5 million acres by the end of 2025, generating over 600,000 carbon insetting units. These units will be issued based on reductions in carbon footprints, offering an additional financial incentive for producers while contributing to environmental sustainability.
Moreover, the programme allows supply chain organisations to decarbonise their operations by purchasing carbon insetting units directly generated by the farms they source from, ensuring a direct environmental impact.
As the demand for sustainable textiles rises, industry stakeholders are recognizing the potential of the insetting program. Mahesh Ramakrishnan from Olam Agri in Ivory Coast noted that integrating carbon reduction into their supply chain enhances environmental, social, and economic benefits, thereby empowering farmers and fostering community resilience.
Amitabh Singh of Amiha Agro in India expressed pride in participating in the initiative, aligning with their mission of promoting organic and regenerative agriculture. This collaboration is seen as a means to improve soil health, biodiversity and long-term value for stakeholders.
The program has also attracted interest from producers in Turkey and the US, with participants like Agrita and Quarterway Cotton Growers emphasising the importance of innovation and collaboration in addressing global carbon challenges.
All farms and supply chains currently certified by Regenagri are eligible to join the insetting programme, marking a significant step towards enhancing sustainability and profitability in the agricultural sector.
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