FAQ
Frequently Asked Questions
General
Carbon markets are an internationally agreed upon way to bring carbon emissions into the marketplace. Carbon credits represent projects that reduce emissions or remove carbon dioxide from the atmosphere, such as preserving forests, building wind and solar farms, or capturing methane gas. In general, one carbon credit represents one metric ton of carbon dioxide that has been removed from the atmosphere. To a purchaser it represents permission to emit that same amount of carbon. A global carbon market emerged in 1997 with the Kyoto Protocol, an international treaty that established carbon credits as a way for countries to offset their emissions to reach limits set by the United Nations Framework Convention on Climate Change (UNFCCC). Carbon markets should be a fire hose for directing money where it’s genuinely needed in the climate crisis. Yet over the last few decades the Carbon Markets have failed to live up to their potential.
According to The Carbon Underground “There is no solution to climate change that does not include drawing down legacy carbon from the atmosphere… There is no mechanism with the scale, ability, and immediacy to draw adequate amounts of carbon back down to mitigate climate change other than the restoration of soil and shift to regenerative agriculture.”
And yet, when agriculture is mentioned in the context of climate change it is often more as a cause of emissions than as a potential solution, such as in the case of global forest loss where 80% of forest has been cleared for agriculture. (Source: https://www.nature.com/articles/s41893-022-00854-3) Agriculture is also the emission category classified by the UNFCCC as involving the most people at over 1 billion people presenting both a challenge and an opportunity for mass, scalable mobilization.
Yet when we look at existing carbon market solutions, we see agriculture being grossly underrepresented. Agriculture-related emissions offsetting projects account for just over 1% of all carbon credits issued, with only transportation-related projects issuing less, according to data from the Berkeley Carbon Trading Project. (Source: https://agfundernews.com/carbon-credits-just-one-percent-from-agriculture)
This can only happen by rethinking how we are using carbon credits. Instead of seeing them as a way to wash away climate “sins,” we should focus on the outcomes we are trying to achieve. That’s because different outcomes need different incentives.
These give rise to three different forms of carbon credit. We call them reduction credits, protection credits, and removal credits. Many projects still represent these interchangeably, as generic “offsets.” But only by differentiating them based on their distinct outcomes can we effectively steer carbon-market resources in the right direction.
Protection credits recognize the protection of existing carbon stocks that farmers manage. They include forests and soils and are intricately linked to the regenerative farming communities themselves. They reward regenerative farmers for the work they are already doing in protecting the world against climate change, and assist them with capital to increase their carbon sequestration. Protection credits also provide immediate financing to help smallholder farmers to stay on their lands and reverse the loss of smallholder farms worldwide.
- Promote the recognition, quantification, remuneration and replication of existing positive actions by qualified ecosystem managers that ensure the protection and expansion of existing carbon stocks under management.
- Defines “Additionality” as developing the incentives to both being able to scale positive carbon management actions globally to achieve a mass movement as well as increasing the drawdown of legacy carbon by existing participants either by intensifying existing practices and/or introducing new technologies/practices.
- Transparency – ReSeed’s blockchain technology guarantees full transparency along the entire data chain from the source of the carbon to the purchasers and final destination of the ReSeed Carbon Credit tokens.
- Timeliness and Permanence -The issuance of carbon credits happens only upon the verification of past concrete positive impact on a predefined and timely basis.
- Through the use of our tested inclusive technology built from the ground up, we work directly with small farmers to help them inventory and map the carbon stock they currently hold and manage.
- Using advanced AI and satellite imagery analysis we verify these existing assets and their status every six to 12 months.
- From the moment it is generated, all information is included in our proprietary blockchain for unparalleled accuracy and transparency. (No use of legacy systems or outdated validation protocols). All of our data is fresh from the farm.
- Through the ReSeed Marketplace and Trading Desk, farmers are paid directly for their carbon protection and removal credits when they are sold, providing timely income and greater financial incentive to increase their carbon stocks.
- Global carbon emissions are out of control. Carbon emissions from deforestation have doubled over the last 20 years.
- Global carbon markets are inadequate to the task of providing a real solution at scale for offsetting carbon emissions.
- Traditional and crypto-based carbon markets have been unable to bring transparency to both providers and buyers of carbon offsets.
- Even though they are considered vital to any global solution to climate change, the world’s millions of small farmers are not able to participate at any effective scale in the current carbon markets.
- As of today, there are 4 million remaining smallholder farmers in Brazil.
- These farmers occupy 80 million hectares (200 million acres), representing 23% of all agricultural lands in Brazil.
- Smallholder farming provides employment for 10 million people which represent 70% of all people employed in agriculture in Brazil.
- Carbon emissions from forest loss doubled in the last 20 years. (Source: https://www.nature.com/articles/s41893-022-00854-380% of deforestation was due to agriculture)
- The Brazilian Agro census numbers confirm the advance in Brazilian agribusiness at the expense of family farming in all areas of the country.
- Between 2006 and 2017, there was a 9.5% reduction in the number of family farms, while in agribusiness the growth was 35% with a loss of 2.2 million jobs on family farms. (source: https://censoagro2017.ibge.gov.br/ )
- The expansion of areas for production of industrial agricultural products (especially soy) are linked to land grabbing—which increases agrarian conflict and disrupts traditional productive dynamics and land use—expelling family farmers and compromising food and nutritional security.
- The 6,000 minority (Black) farmer communities represent 25% of all smallholder farmers in Brazil.
- In 2021, the number of murders in traditional and family farming communities grew 12 times to an all time record in Brazil.
- ReSeed partner farmers identified land security as one of the three main challenges they face together with lack of access to credit and lack of technical assistance. (source: http://ecam.org.br/wp-content/uploads/2022/08/EN-A-Survey-of-Quilombola-Family-Agriculture-in-the-amazon-State-of-Amapa-Brazil.pdf)
- There are 273,000 small farms, of 1-9 acres occupying around 0.1% of all U.S. farmland.
- The US Lost 1.3 Million Acres Of Farmland In 2021
- Threats – Reduction in Black-run farms
- In 1920, there were more than 925,000 Black-run farms. They accounted for over 14 percent of all U.S. farms.
- By 2017, there were fewer than 35,000 Black-run farms, making up less than 2 percent of the nation’s farms.
- ReSeed defines its carbon credits by the outcomes we intend to achieve and by only quantifying and rewarding verified actions.These credits are anchored in real, verifiable, on-the-ground existing carbon stocks rather than in abstract and theoretical additional or future emissions. All of the carbon credits brought to market by ReSeed are anchored by real, existing carbon stocks measured and verified during specific periods of time.
Farmers
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Companies
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
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