Projects

Charting a New Course - Carbon Insetting Program

Charting a New Course – Carbon Insetting Program

June 8, 2019

The “Scalable on Farm Greenhouse Gas Reductions and Water Quality Improvements: Development and Implementation of an Economical and Verifiable Insetting and Accounting Framework” project began in December 2016. With funding support from the USDA’s Natural Resources Conservation Service’s (NRCS’s) Conservation Innovation Grants (CIG) Program, Bayer, NCGA and partners began work to develop a unique and comprehensive value chain intervention that places climate-smart agricultural practices on the right acres, verify the success and impact of those practices, and ultimately create a replicable approach for corporate carbon emissions reduction in their supply chain. In this CIG project, participating companies partnered with farmers in their supply chain who took steps to reduce Greenhouse Gases on their farms. The CIG Project is the second intervention, globally, to achieve Design Certification under the Value Chain Intervention Guidance and Gold Standard for the Global Goals (GS4GG) (see ( https://www.sustain-cert.com/press-release-2/). This achievement verifies that the project has followed best practice principles and is a key milestone toward unlocking credible value chain emissions reductions and removals aligned with corporate reporting, Science-based Targets and Net-Zero goals. Viresco has played a significant role in the design of the CIG Project Intervention framework, and has been supporting the development of a number of GS/SC Value Change Working Groups and Platform Labs including Use of Products Sold and EF Tracking Mechanisms.

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