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Truterra has unveiled that its carbon programme has paid over $21 million to farmers for the sequestration and reduction of over 1.1 million metric tons of carbon in its first three years. Truterra connects sustainability efforts across the food system, from farmers to agricultural retailers and value chain collaborators, including food and fibre companies. Its network combines agricultural technology and precision conservation to promote sustainability across the food system, aiming to help feed people, safeguard the planet and support farmer livelihoods. According to the company, the Truterra programme has seen significant growth in enrolled acreage. In 2023, total enrolled acres increased by 99% compared to 2022, following a 151% increase in 2022 compared to 2021. These results are said to help position Truterra as a key player in connecting food and agriculture companies with farmers to drive sustainable practices.
Truterra's president, Jamie Leifker, said: “Our carbon programme is gaining momentum as a leader among farmers and retailers. Our differentiated approach matches agronomics with economics to help farmers make sustainable practice changes. What’s more, these carbon assets could help organisations with sustainability goals who choose to make agriculture part of their toolkit of solutions."
"Truterra will continue to focus on creating new markets for farmers and retailers, while helping them make the best agronomic, economic and sustainable decisions for their operations.” The Truterra carbon programme is delivered through a network of local agricultural retail advisors who work directly with farmers. Truterra’s farmer-centric approach ensures that qualified farmers can achieve optimal earning potential by paying based on actual carbon stored rather than a fixed per-acre payment.