Agoro Carbon

Agoro Carbon is a company helping to make the carbon market more accessible to farmers and ranchers by providing resources and assistance to interested parties.

Farm Eligibility

Start Date

2021

Geography

U.S. and Brazil

Eligible Practices
  • Cover Crops

  • Increased Biodiversity
  • Prescribed Grazing
  • Nutrient Management
  • Reduced- or No-Till
  • Wildlife Habitat Planting

Additionality Requirement

Yes, with a look-back of 3 years

Money Matters

Payment Schedule

Two options:
1. Carbon Performance Based Payments: payments years 5 and 11 based on credit issuance
2. Carbon Prepayments: annual payments in addition to payments years 5 and 11 based on credit issuance. Annual payments are deducted from issuance payments.

Price

Two Options: Option A floor prices are at $18/ton at year 5 and $20/ton at year 11. Option B floor prices at year 5 price is $16.50/ton and $20/ton in year 11. Average year 1 payment per acre is highly dependent on practices enrolled in/payment option enrolled in/location. Visit program website to connect with a representative and receive a personalized quote.

Stackability (With goverment programs and other markets)

Yes, some programs are able to stack with Agoro Carbon enrollment. Please connect with a representative to talk over your specific scenario

Carbon Related Incentive

Offset

Contracting Info

Contract Length

10 years

Data Collected at Enrollment

3-year historical data summary, including information on tillage, planting, harvest, chemical and fertilizer applications, and irrigation if applicable. Assistance from an Agoro Carbon Grower Success Team Member and Sales Manager throughout the enrollment process and the length of the contract

Enrollment Assistance

Yes, Agoro Carbon promises a free consultation with an agronomist throughout the duration of the contract

Agronomic/Technical Assistance

Agoro Carbon helps collect data and handles administration activities, including auditing and certification. They also provide the soil sampling as part of the verification process, secure buyers for credits, and provide a local contact to correspond with.

Technical Info

Lead Organization

Yara International

Outcome Estimation

Soil sampling in years 0, 5, and 10 provided for by Agoro Carbon

Verification

Verified by a third party. Uses the Verra platform to generate credits.

Penalty for Temporary Break in Practice Implementation

Per the Verra Agricultural Land Management Methodology (VM0042), ~20% of credits are kept in a buffer pool to account for reversals. Credits would be retired from this pool.