Soil Association Exchange Market – Funding Scheme for UK’s Arable Farmers to Reduce Emissions

Exchange Market is a brand new funding scheme that rewards you for reducing emissions, whilst giving you control over how those reductions are achieved.

Participating farmers can earn up to £60 per tonne of CO2e reduced annually, with 50% of payments provided upfront to support their transition. Maintenance payments are available for farms already emitting below the industry average.

Exchange Market is funded by companies who are committed to supporting more sustainable farming practices and lowering their emissions from agricultural activities. Companies have so far contributed £950k to pay farmers for reducing their emissions.

​Exchange Market operates as an insetting fund, paying farmers to reduce emissions directly within their supply chains and therefore there are no sales of carbon credits.

Eligibility criteria include having control over the land, not participating in carbon offset schemes, and completing both a Soil Association Exchange baseline and a Farm Carbon Toolkit assessment within the last three months.
Currently limited to arable farming, Exchange Market is expected to expand to other sectors in the future.

Farmers have flexibility to create customised plans for reducing emissions, retaining ownership of their carbon reductions without offsetting or selling credits. The scheme is funded by companies that report emissions reductions as part of their own carbon footprints, requiring applicants to be linked to at least one participating company as a supplier, tenant, or lending customer.

Click here to find out more.