Commodities and agriculture are at the center of economic development, feeding the world and climate change. Farming is a business and profitability is essential for affordable food production.. Farmers are operating on thin margins – low commodity prices, combined with rising input costs, can lead to quickly dire financial situations.
Thus, to drive a large-scale transition from conventional to regenerative agricultural practices, it is important for growers to retain or even enhance profitability during and after the transition. To help ensure this profitability, there are multiple interventions across the agricultural supply chain that could create attractive markets for regenerative products and/or reduce financial risk incurred by growers. For companies sourcing commodities, regenerative agriculture and the voluntary soil carbon markets emerging around it represent a significant solution to a modern, resilient, and secure food system.
With CIBO’s Program Engine, a feature of CIBO Impact, companies are able to create incentive programs for commodities that offer opportunities to reduce the environmental impact of farming while at the same time, promoting existing customer loyalty and new customer acquisition.
Key Features of CIBO Impact:
- Understand on-the-Ground Practices: Verify management practices with advanced remote sensing and computer vision. Understand regenerative practice adoption rates to target regions for sourcing or incentive programs.
- Calculate the Baseline: Identify baseline total cropland emissions and carbon intensities (CO2e/yield) of individual crops within various boundaries like watersheds, counties and draw distances.
- Perform What-If Analysis: Forecast regenerative grain and inset supply. Understand how new practice adoption could reduce absolute emissions and intensity over time.
- Track Progress Toward Scope 3 Reduction Targets: Quantify progress toward CDP, SBTi and other carbon reduction targets using flexible modeling, verification and reporting.
Make your carbon reduction goals a reality with CIBO.
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