This is a $15 trillion opportunity for farmers to fight climate change.
, has unveiled a first-of-a-kind program to tackle climate change worldwide. The company launched the Terraton Initiative on Wednesday to accelerate carbon sequestration from agricultural soil on a massive scale. The goal: to capture 1 trillion metric tons of carbon dioxide worldwide from 3.6 billion acres of farmland through a marketplace that gives farmers incentives to implement regenerative farming practices., according to the U.N.'s Intergovernmental Panel on Climate Change.
"The potential for agricultural soils to capture and store atmospheric carbon dioxide is the most hopeful solution I know of to address climate change," said David Perry, Indigo's CEO. "The technology and know-how for regenerative farming already exists, so we can begin to make a difference right now."
"And this can be done on a massive scale," says the company's co-founder and chief innovation officer, Geoffrey von Maltzahn. These practices include minimal tillage of the soil, cover cropping, crop rotations, using fewer chemicals and fertilizers, and incorporating livestock grazing. These are all ways to increase soil's carbon content and water retention so less COAs Maltzahn explains, soils play a key role in the carbon cycle by soaking up carbon from dead plant matter. Plants absorb COand pass carbon to the ground when dead roots and leaves decompose.
In partnership with the Ecosystem Services Market Consortium and other organizations, such as The Rodale Institute and the Soil Health Institute, Indigo will use its digital agronomy capabilities and software imagery analysis to measure and verify soil carbon sequestration and on-farm emission levels.
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