GARRETT LAND & CATTLE
HARBORVIEW FARMS

Short-lived removal; nature-based

Soil

When farmers use regenerative farming practices to store carbon from the atmosphere in the earth, they restore nature's carbon cycle and boost soil health. Third-party verifications aren’t yet standard for soil offsets, so we do our own thorough research and consult third-party experts like Carbon Plan.

Why we like it

Soil is a large, underutilized carbon sink. Supporting farmers who adopt regenerative agricultural practices to rebuild soil carbon can help incentivize and derisk scalable carbon removal while supporting livelihoods and ecosystems. Regenerative practices also use fewer chemicals and pesticides, resulting in improved local water quality.

Risks to consider

Soil carbon sequestration is vulnerable to reversal from natural causes (e.g., rising temperatures can cause soil to release carbon dioxide) and human causes (e.g., future landowners may go back to using non-regenerative practices). Due to these challenges, agriculture-based soil carbon projects are considered short-lived carbon removal, typically lasting as little as ten years.

Project: Garrett Land and Cattle

Partner: Nori

Location: Iowa, USA

Carbon Portfolio Project: Yes

About

Garrett Land and Cattle have adopted regenerative farming practices, including continuous no till farming, crop rotation, and compost and manure use, resulting in an increase in the carbon content and health of their soils. Nori verifies this carbon sequestration through farm-level data collected through COMET-Farm, a tool funded by the USDA and developed by Colorado State University.

Our Evaluation

Metric

Score

Cost

$17.25

8

Supply Chain Efficiency

87%

7

Project Transparency

Medium-High

8

Permanence

2 - 10 years

2

Additionality

1

5

Drawdown Contribution

21

8

Catalytic Potential

Medium

5

Ecosystem Benefits

2

10

Community Benefits

2

10

Integrity

Verifiability

Through COMET-Farm’s accounting approach, Nori is able to show that a farm’s sustainable practices are responsible for increasing soil carbon content versus the prior 10 year period. Nori’s standard requires annual data updates and verification of that data every three years. To ensure accuracy, all data provided by Garrett Land and Cattle is verified by Astor Global, a third party verifier. Nori also uses an external carbon sequestration quantification tool from Soil Metrics.

Enforceability

Joro’s purchase of carbon removals from Garrett Land and Cattle was retired immediately in April 2021 and recorded on the blockchain (an immutable public ledger) from our headquarters in Oakland, CA. This ensures that your removals cannot be sold again and that no one other than you can take credit for removing the carbon represented in your certificate.

Additionality

Nori issues Nori Carbon Removal Tonnes (NRTs) only to growers whose changed farming practices led to incremental carbon sequestration as compared to conventional land management practices. Nori is able to establish a baseline that represents the incremental removal of CO2 above and beyond farming practices that would have otherwise continued. Getting paid for this carbon removal allows farmers to cover the upfront costs and initial lost revenues of switching to these new farming practices.

Permanence

Garrett Land and Cattle signed a legally binding contract to maintain regenerative farming practices for a minimum of 10 years. Even if the original project owner is no longer a tenant on that land, the Nori contract terms transfer with the land to the new tenant. After 10 years, Nori makes a new baseline publicly available. Nori further guarantees carbon sequestration and storage by maintaining an insurance reserve to replace any lost carbon from unintentional events (e.g., flood, or drought).

Project Transparency

Nori has created a platform to transparently share projects and buyers of NRTs. Nori also publicly posts project details on their website, including the project owner, practices, timeline, and third-party verification reports.

Transformative Power

Supply Chain Efficiency

Nori’s software platform reduces overhead and verification costs, ensuring that the farmer receives the majority of your carbon offset fee. The price of a Nori credit is also set by the farmer. The current price for this project is $15, which goes directly to Garrett Land and Cattle. Nori adds a 15% transaction fee on top of this amount to cover their administrative, technology, and verification costs.

Drawdown Ranking

“Regenerative Annual Cropping” as a climate solution is estimated to reduce/sequester between 15-22 gigatons of carbon between now and 2050.

Catalytic Potential

Nori believes that each farmer paid to sequester carbon provides additional proof of concept that implementing regenerative practices is not only better for soil health, but also for their bottom line. Farmers being paid to sequester carbon through Nori help to grow the supply of carbon removals by inspiring and incentivizing farmers to adopt regenerative farming practices.

Ecosystem Benefits

By encouraging the adoption of regenerative agriculture practices, this project works to improve soil health, halt land degradation, and reduce pollution from pesticides and synthetic fertilizers.

Community Benefits

Additional revenue in rural agriculture communities means increased economic development within those communities, which leads to improved access to education, development of more equitable communities. Kelly Garrett is then able to spend more money locally on goods and services, such as fuel, farm inputs, machinery, and food.

External Assessments

Nori is creating a new alternative verification registry, similar to existing verification registries such as Gold Standard and Verra. Nori’s methodologies are developed with input from a Peer Review Committee of experts who ensure the scientific integrity of the outcomes. You can read more about the Nori Croplands Methodology here.

Project: Harborview Farms

Partner: Nori

Location: Kent County, Maryland, USA

About

This project supports farmers at Harborview Farms in Maryland to remove carbon from the atmosphere by storing it in the soil. Decades of industrial agriculture have depleted our soil of essential nutrients and carbon. When farmers adopt regenerative practices, they return carbon to their soil and keep it there, improving soil health and farming outcomes while reducing emissions. The carbon offsets selling through Nori from Harborview Farms began in 2015.

Our Evaluation

Metric

Score

Cost

$6.30

10

Supply Chain Efficiency

< 80%

5

Project Transparency

Medium-High

8

Permanence

10 - 100 years

5

Additionality

1

5

Drawdown Contribution

41

6

Catalytic Potential

Medium

5

Ecosystem Benefits

2

10

Community Benefits

2

10

Integrity

Verifiability

Through COMET-Farm’s accounting approach, Nori is able to show that a farm’s sustainable practices are responsible for increasing soil carbon content versus the prior 10 year period. Nori’s standard requires annual data updates and verification of that data every three years. Carbon removals are verified by independent, third party verifiers before being listed in the marketplace.

Enforceability

Joro’s purchase of carbon removals from Harborview Farms are being retired between May 2020 and June 2021 and recorded on the blockchain (an immutable public ledger) from our headquarters in Oakland, CA. This ensures that your removals cannot be sold again and that no one other than you can take credit for removing the carbon represented in your certificate.

Additionality

Nori issues Nori Carbon Removal Tonnes (NRTs) only to growers whose changed farming practices led to incremental carbon sequestration as compared to conventional land management practices. Nori is able to establish a baseline that represents the incremental removal of CO2 above and beyond farming practices that would have otherwise continued. Getting paid for this carbon removal allows farmers to cover the upfront costs and initial lost revenues of switching to these new farming practices.

Permanence

Garrett Land and Cattle signed a legally binding contract to maintain regenerative farming practices for a minimum of 10 years. Even if the original project owner is no longer a tenant on that land, the Nori contract terms transfer with the land to the new tenant. After 10 years, Nori makes a new baseline publicly available. Nori further guarantees carbon sequestration and storage by maintaining an insurance reserve to replace any lost carbon from unintentional events (e.g., flood, or drought).

Project Transparency

Nori has created a platform to transparently share projects and buyers of NRTs. Nori also publicly posts project details on their website, including the project owner, practices, timeline, and third-party verification reports.

Transformative Power

Supply Chain Efficiency

Nori’s software platform reduces overhead and verification costs, ensuring that the farmer receives the majority of your carbon offset fee. The price of a Nori credit is also set by the farmer. The current price for this project is $15, which goes directly to Harborview Farms. Nori adds a 15% transaction fee on top of this amount to cover their administrative, technology, and verification costs.

Drawdown Ranking

“Regenerative Annual Cropping” as a climate solution is estimated to reduce/sequester between 15-22 gigatons of carbon between now and 2050.

Catalytic Potential

Harborview Farms was Nori’s first project, and a pilot and catalyst for future projects. Nori believes that each farmer paid to sequester carbon provides additional proof of concept that implementing regenerative practices is not only better for soil health, but also for their bottom line. Farmers being paid to sequester carbon through Nori help to grow the supply of carbon removals by inspiring and incentivizing farmers to adopt regenerative farming practices.

Ecosystem Benefits

Decades of industrial agriculture have depleted our soil of essential nutrients and carbon. When farmers adopt regenerative practices, they return carbon to their soils and keep it there. These practices also improve the soil health, lower use of chemical fertilizers, reduce pollution, and make the fields more drought-resistant.

Community Benefits

Additional revenue in rural agriculture communities means increased economic development within those communities, which leads to improved access to education, development of more equitable communities. The farmers are then able to spend more money locally on goods and services, such as fuel, farm inputs, machinery, and food.

External Certifications

Nori is creating a new alternative verification registry, similar to existing verification registries such as Gold Standard and Verra. Nori’s methodologies are developed with input from a Peer Review Committee of experts who ensure the scientific integrity of the outcomes. You can read more about the Nori Croplands Methodology here.

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