Nori

Nori is a carbon removal marketplace with a focus on transparency and farmer flexibility.

Farm Eligibility

Start Date

Fall 2018

Geography

Anywhere in the continental U.S.

Eligible Practices
  • Conservation Cropping Rotation

  • Cover Crops
  • Nutrient Management
  • Reduced- or No-Till

Additionality Requirement

Yes, accepts practice changes made within the past 10 years that have 3 years of pre-switch farming practice evidence.

Money Matters

Payment Schedule

Suppliers receive USDC in their crypto wallet immediately after NRTs are sold, with the option to convert to USD.

Price

Price per tonne is $20. Average year 1 payment per acre varies dependent on practice region, regenerative practice switch date, practice applied, etc.

Stackability (With goverment programs and other markets)

Designed to stack with both as long as carbon asset is not double counted in other programs/markets.

Carbon Related Incentive

Offset

Contracting Info

Contract Length

10 years, with the option to renew contract every year.

Data Collected at Enrollment

Farm operational data – from year 2000 to 10 years post regenerative switch, along with some historical land management information.

Enrollment Assistance

Yes, supply account managers or trusted data managers

Agronomic/Technical Assistance

No

Technical Info

Lead Organization

N/A

Outcome Estimation

Soil sample referenced process-based modeling (Soil Metrics).

Verification

Minimum once every 3 years; standard audit procedure (review representative sample of receipts and invoices)

Penalty for Temporary Break in Practice Implementation

Farmer commits to make best effort to retain C stocks; not bound to any practice plan; not liable for force majeure C losses.