Key Takeaways
- FoodChain ID and ReSeed Partnership: This collaboration aims to enhance transparency in sustainable practices within the agri-food supply chain through a new carbon credit verification standard.
- Addressing the Climate Impact of Agriculture: The agriculture industry is a significant contributor to global greenhouse gas emissions, and this partnership seeks to address this by promoting carbon sequestration through regenerative agriculture.
- Incentivizing Sustainable Farming: The partnership will incentivize farmers to adopt regenerative agriculture practices, aligning with European Union deforestation-free regulations.
- Data-Driven Verification: ReSeed’s AI-powered platform will facilitate data collection and processing for carbon credit measurement, while FoodChain ID will provide third-party verification.
- Comprehensive Approach: The initiative will integrate with other farm-level audits, ensuring a holistic approach to sustainable agriculture and carbon management.
FoodChain ID, a leader in global sustainability certification, has joined forces with ReSeed, the foremost provider of full lifecycle carbon credit traceability, to revolutionize the agri-food supply chain’s approach to sustainability. This groundbreaking partnership will increase the transparency and verification of sustainable practices in this critical sector, focusing on supporting a healthier planet.
The Urgency of Sustainable Agriculture
According to the United Nations, the food and agriculture industry is responsible for over one-third of the world’s total greenhouse gas emissions. Despite this significant impact, less than 1% of carbon credits in the market originate from agriculture. As consumer awareness grows, the demand for sustainable products has surged, evidenced by a 33% CAGR in on-pack carbon emission claims from July 2018 to June 2023. This partnership addresses the gap in measurement transparency and accountability for sustainability progress and carbon credit offsets in the agri-food supply chain.
Incentives for Farmers and Regulatory Compliance
The collaboration is uniquely positioned to motivate farmers toward regenerative agriculture practices. This move is environmentally sound and compliant with the European Union’s deforestation-free regulatory requirements. By integrating the program with other farm-level audits, such as Organic, GLOBALG.A.P., and others, the partnership promises increased efficiency for farmers. Initial programs in Brazil have already engaged close to a thousand farmers in adopting deforestation-free, regenerative practices.
Technological and Expertise Synergy
ReSeed’s AI-powered digital ledger transparency platform is crucial to the partnership. It will process data for carbon credit measurement protocols, enabling monetization and incentivization for farmers. Moreover, ReSeed’s team will utilize their expertise to validate carbon estimates under international standards and provide necessary technical assistance.
On the other hand, FoodChain ID, with over 25 years of experience in global sustainability certifications, will act as the exclusive verifier for the carbon credit partnership. With its ISO 14065 accreditation, FoodChain ID will conduct yearly audits of farm practices, adding a layer of credibility to the carbon sequestration measurements.
Industry Leaders’ Perspectives
Dr. Heather Secrist from FoodChain ID and Zak Zaidman of ReSeed have expressed their commitment to this partnership. They highlight the importance of incentivizing sustainable practices in the agri-food supply chain and the critical role of this collaboration in ensuring transparency and trust globally.
This partnership between FoodChain ID and ReSeed represents a significant step towards a sustainable future in the agri-food sector. By focusing on carbon sequestration through regenerative agriculture and ensuring transparent and credible measurement and verification processes, this collaboration sets a new standard in the fight against climate change and in promoting sustainable agriculture.
Image provided by ReSeed
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