What is the Business Support?
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.
Restrictions
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.
What could it do for your company?
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.
How to find out more?
Click here to find out more.
