Expanded State, Crop Eligibility Provides Increased Opportunity for U.S. Farmers to Participate in Growing Carbon Marketplace
JOHNSTON, IA – Feb. 9, 2022 – Corteva Agriscience announced today an expansion of the Corteva Carbon Initiative to 17 new states and 2 new qualifying crop types. This expansion increases the Initiative's footprint to a total of 28 states and 19 crop types, bringing opportunity to even more U.S. farmers to participate in the fast-developing carbon market.
Newly approved states include: Alabama, Arkansas, Colorado, Georgia, Kentucky, Louisiana, Michigan, Mississippi, New York, North Carolina, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Vermont and Virginia.
The Initiative has also expanded its list of eligible crops to include peanuts and sugar beets, two key crops for farmer eligibility in multiple states.
“Farmers need proven solutions to support decision making and improve their bottom line,” shared Casey Onstot, U.S. Commercial Leader for Digital at Corteva. “We continue to expand and improve our carbon offerings with science-backed programs that provide the greatest positive impact for farmers and their advisors.”
The Corteva Carbon Initiative first launched as a pilot program in April 2021 to corn and soybean farmers in Illinois, Indiana and Iowa, then announced its first major expansion in August 2021 through a joint effort with Indigo Ag, whose ongoing investments in science and technology have continued to expand eligibility and improve the process of generating rigorous, registry-issued carbon credits at scale for farmers. The Initiative's core focus remains to help farmers produce high quality carbon credits simply and for a fair price, with programmatic and agronomic support from a Corteva Agriscience advisor. Participating farmers remain in control of their practices and can use Corteva’s free and easy-to-use digital tool, Granular® Insights™, to securely log those practices, seamlessly measure their impact, and generate premium credits with Carbon by Indigo.
Farmers interested in learning more about carbon opportunities can quickly estimate their carbon payout here, and those interested in gaining access to new carbon market opportunities through Corteva’s Carbon Initiative can learn more here.
About Corteva Agriscience
Corteva, Inc. (NYSE: CTVA) is a publicly traded, global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world’s most pressing agriculture challenges. Corteva generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at www.corteva.com.
Follow Corteva on Facebook, Instagram, LinkedIn, Twitter, and YouTube.
# # #
2/9/22
™ ® ℠ Trademarks and service marks of Corteva Agriscience and its affiliated companies.
Corteva Media Contact:
Kasey Anderson 989-941-1572
kasey.anderson@corteva.com
