• Can farmers reap biodiversity market benefits?

  • Nov 22 2023
  • Length: 31 mins
  • Podcast
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Can farmers reap biodiversity market benefits?

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  • Summary

  • My key takeaways from this podcast were:
    • Trinity Agtech believes that carbon is just one part of the story, that farmers have much more to offer in terms of environmental benefits
    • Their accounting tool is called Sandy, as “another person on the farm”
    • The tool is used to measure changes in soil carbon, as well as farm impacts on soil, natural capital, biodiversity and water
    • Carbon is still a big part of what they do. They measure changes in soil carbon – which farmers can monetise via offset markets – using a combination of soil sampling and modelling
    • They find that farmers can use Sandy, and evidence of improved biodiversity, to achieve a premium on their carbon offsets.
    • They cite one example where a farmer sold carbon offsets for £100 per tonne of CO2 avoided, because of additional biodiversity improvements, versus average trades of £35-40/ tCO2
    • But this market for biodiversity premiums is in its infancy Trinity Agtech is a young company only a few years old, but says it already has 1,500 farming customers in Britain and the EU
    • The company plans to expand next into the United States and South America


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