ReSeed, the first provider of full lifecycle carbon credit traceability, and FoodChain ID have announced a partnership to increase transparency in measurement and verification of sustainable practices in the agri-food supply chain. With the goal to support a healthy planet, the partnership will leverage each company’s unique expertise to incentivize, measure and verify the progress of carbon sequestration through regenerative agriculture practices under a new carbon credit verification standard.
The food and agriculture industry currently contributes over one-third of the total global greenhouse gas emissions, according to the United Nations. However, less than 1% of carbon credits on the market are sourced from agriculture, according to Ivy S. So, Barbara K. Haya, Micah Elias. May 2023. Voluntary Registry Offsets Database, Berkeley Carbon Trading Project, University of California, Berkeley.