Companies Commit to Purchasing Agricultural Carbon Credits
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Payments for Ecosystem Services
Indigo Agriculture has announced the first commitments from large global brands to purchase verified agricultural carbon credits through Indigo Carbon. Companies including Boston Consulting Group, Shopify, Barclays, JPMorgan Chase, Givewith, IBM, Dogfish Head Craft Brewery, and New Belgium Brewing committed to a credit purchase price of $20/tonne of carbon dioxide equivalents sequestered and abated in the 2020 growing season. Net on-farm GHG emissions will be measured and verified by a newly developed Soil Enrichment Protocol, as well as a Methodology for Improved Agricultural Land Management (MIALM) that is currently undergoing final review.