Indigo Ag, a pioneer and trusted ally in sustainable agriculture, has announced the successful completion of its third carbon crop, solidifying its position as an industry leader in carbon programs.
With 163,048 carbon credits produced, Indigo Ag stands as the sole company to accomplish three carbon harvests at scale. The program demonstrates continued growth, marked by year-over-year increases in the number of participating farmers, fields filed, and credits generated.
Harvesting Hope: Farmers Lead the Charge in Carbon Sequestration
Since its launch in 2019, farmers engaged in Indigo Ag’s carbon program have sequestered or abated nearly 300,000 metric tons of carbon dioxide. The corresponding carbon credits are rigorously verified and issued by the Climate Action Reserve, one of the leading carbon registries globally.
Each metric ton of sequestered CO2 generates one carbon credit.
To date, farmers participating in Indigo Ag’s sustainability initiatives, Carbon and Sustainable Crops, have collectively earned over $12 million. Payments for the third carbon crop are scheduled for March 2024.
Indigo’s carbon farming program offers companies seeking a market-based approach to capture and store carbon in soils, a credible, nature-based climate solution. The generated credits represent the efforts of farmers who have embraced Indigo’s climate-friendly farming practices, known as regenerative farming. Examples include planting cover crops and reducing soil tillage.
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The program is serving 5.5 million enrolled acres, 2,000 enrolled farmers, and issued 133,000 carbon credits.
Dean Banks, CEO of Indigo Ag, remarked:
“Our record-breaking third carbon crop reinforces that farmers can earn money and have a real and measurable impact leveraging agricultural soil as one of the world’s largest carbon sinks.”
Indigo’s latest batch of credits signifies the sequestration or abatement of 163,048 metric tons of CO2 by U.S. farmers across 28 states. The growth of Indigo’s carbon program emphasizes the increasing adoption of sustainable farming practices, with remarkable year-over-year increases:
- 333% surge in new acres,
- 297% rise in new fields, and
- 215% uptick in new grower participation.
Furthermore, Indigo collaborates closely with its expanding network of over 25 agribusiness partners to provide unique insights and support growers in advancing their transition to sustainable practices.

In September last year, the U.S.-based company raised +$250 million led by Flagship Pioneering. The goal of the funding was to further grow Indigo’s sustainable agriculture programs and bolster farmers’ revenues with carbon credits.
Indigo Ag’s Carbon Credits Gaining Traction
The company has broadened its network of carbon credit buyers by partnering with Watershed. It’s an enterprise climate platform that assists companies in measuring, reporting, and acting on their emissions to allocate credits to their corporate clientele.
Industry analysts predict that corporate demand for high-quality carbon credits will continue to surge. BloombergNEF’s (BNEF) report suggests that restoring trust in the market could encourage companies to buy billions of carbon credits annually. This can potentially increase prices to $238 per ton and bring market value to over $1 trillion yearly by 2050.
In this case, Indigo Ag foresees its soil carbon credit commanding higher prices in future crop cycles.
The ag tech firm is currently one of the only companies providing corporations with high-integrity soil carbon credits on the voluntary carbon market (VCM). This enables them to secure future buyer commitments with purchase prices ranging from $60 to $80 or more, depending on delivery time.
The forward price curve will result in increased earnings for the participating farmers over time, Banks further added.
Growing Green: Indigo Expands Carbon Program
Indigo is expanding its eligibility criteria for the 5th carbon crop, covering the 2023-24 planting season. It is also currently open for farmer enrollment.
Part of the expansion is adding more eligible crops for its sustainability programs, including hemp, perennial and annual alfalfa, millet, collard greens, and four perennial legumes. This offers farmers additional options for program eligibility, alongside existing crops such as corn, soy, and cover crops.
Furthermore, Indigo is collaborating with industry partners to streamline data importation and entry processes for farmers. It works whether they are importing data from spreadsheets or their FSA 578 insurance forms. Product enhancements include historical data validation and the capability to spread out carbon harvests.
More details on the fourth carbon crop will be shared in early 2025 when credits are slated for delivery.
Indigo Ag’s success in completing its third carbon crop marks a big step forward for sustainable farming. By helping farmers fight climate change and earn money, the company is making agriculture greener and more profitable.
The post Indigo Ag Sets Record with Third Carbon Crop, Sequestering Over 163K Tons of CO2 appeared first on Carbon Credits.
Carbon Footprint
The Strategic Case for Nature-Based Carbon Investments
Nature-based carbon investments deserve consideration when they address a specific business dependency and produce outcomes you can measure. Imagine Moonbucks, a global coffee roaster planning next season’s espresso blend. It is considering natural Grade 4 coffee from Jimma, in southwestern Oromia, Ethiopia. Its sourcing decisions affect the roasting schedule and the cash tied up in coffee purchases. Moonbucks needs to understand which measures could protect that supply, what they would cost and how it would judge the results.
1. Define the sourcing problem before choosing a project
Moonbucks needs a dependable component for its espresso blend. Its procurement team wants continuity of volume and an agreed cup profile. Replacing a shipment at short notice could require new sample approval and changes to the blend, and given the schedules for cultivation, processing, and freight delivery, is practically impossible. Moonbucks needs to get this right, and its initial concern is inconsistent deliveries. It commissions an assessment of the supplying farms and post-harvest chain. The questions cover land condition, harvest availability and whether drying or storage problems are affecting saleable lots.
This distinction changes the investment brief. A tree-planting proposal cannot be assumed to fix drying problems. Better storage cannot restore eroded land. The team must establish which problem exists before selecting the response.
CCC’s guide to finding nature-based solutions in your supply chain explains where to look. Here, the next task is to turn a broad concern into a testable proposal.
2. Develop nature-based carbon investments around the actual supply chain
The assessment would trace Moonbucks’ purchases back through the exporter and supplying producer groups. Which farms supply the contracted lots? Who controls land-management decisions? How long does the buyer expect to maintain the purchasing relationship?
Furthermore, Jimma natural Grade 4 cannot be treated as interchangeable with every Ethiopian coffee. Moonbucks would need to test any substitute against its own blend and quality requirements.
Suppose Moonbucks’ assessment identifies an opportunity to maintain shade trees and restore vegetation along exposed streambanks. The IPCC describes agroforestry as a way to store carbon in vegetation and soil, with potential benefits for erosion control and water quality.1 Moonbucks would need local advice on species, growing conditions and maintenance before deciding how these measures fit its sourcing plan.
The proposal now has a defined sourcing connection and a candidate intervention. The next steps are to test its effect on production, assess carbon eligibility and build the financial case.
3. Compare the proposal with other ways to protect supply
WBCSD’s Nature-based Solutions Blueprint recommends comparing nature-based options with other responses across their benefits and costs.2 For Moonbucks, that means evaluating the landscape proposal alongside drying improvements, storage controls and alternative sourcing arrangements.
The product’s natural-process designation matters. Moonbucks should examine the drying and dry-milling chain alongside land conditions. Its team would check storage practices, contamination risks and incoming-lot quality to see whether problems arise before or after the coffee leaves the farms.
The revised proposal might combine land stewardship with separate post-harvest controls. Each component needs its own purpose and budget. A sustainability label should not obscure which activity is expected to solve which problem.
The project develops as the evidence improves. Its scope should follow the diagnosis rather than preserve the first idea unchanged.
4. Establish what the carbon outcome could count toward
Moonbucks’ sustainability team now tests the proposed carbon case separately from the sourcing case. Is the objective a measurable change in Moonbucks’ value-chain emissions, verified credits for separate voluntary use, or distinct outcomes under carefully defined arrangements?
Scope 3 covers value-chain emissions. A purchasing relationship alone does not prove that a farm intervention can be included in Moonbucks’ inventory. The team needs an applicable accounting method, defensible boundaries and evidence supporting attribution.
SBTi’s FLAG Guidance (forest, land and agriculture), version 1.2, says purchased credits used as offsets cannot meet near-term FLAG or energy and industry targets. Eligible land-based removals are subject to accounting requirements.3 Moonbucks needs to test its proposal against those rules before including an outcome in its targets.
For Moonbucks’ Jimma proposal, maintaining existing trees and establishing new vegetation could involve different carbon questions. Specialists must examine the baseline and additionality, meaning what changes because the project proceeds. They must also assess measurement and the risk that stored carbon is lost. CCC’s MRV and additionality article introduces those tests.
Until that work is complete, Moonbucks should not budget an assumed Scope 3 reduction or credit-sale receipt. Direct emissions reductions remain the priority.
5. Build a financial case that survives weaker assumptions
Moonbucks’ finance team would now build a multi-year budget. UNEP’s State of Finance for Nature 2023 compares current finance with the investment needed to meet climate, biodiversity and land-restoration goals.4 The company would cost its proposed activities, farmer participation and ongoing monitoring. Verification, where required, is a separate expense. Maintenance and responsibility for replacing failed plantings must remain visible after the initial establishment budget ends.
Operational benefits need equally careful treatment. If fewer rejected lots reduce emergency purchasing, count that saving once. Do not add “supply resilience” as another financial benefit when it represents the same avoided cost.
Moonbucks should compare a base case with slower benefits, higher implementation costs and no carbon revenue. It should also distinguish production outcomes from quality and shipment outcomes. A single good harvest would not prove that the landscape intervention caused better delivery performance.
A project can remain worth funding even when its carbon case needs more work. That decision must rest on the operational evidence and the company’s objectives, without unsupported environmental claims.
6. Fund a pilot with a clear expansion decision
Moonbucks’ first approval would fund a bounded pilot, rather than commit the entire sourcing program. Before spending, Moonbucks would agree on participating farms, responsibilities and the evidence needed at review.
Its scorecard could track farmer participation, implementation costs and plant survival, alongside accepted coffee volumes and lot-quality results. Carbon measurements would follow the selected method. Farm-level traceability must connect the intervention to the actual sourcing relationship.
Suppose Moonbucks’ review later finds that storage changes explain most quality improvements, while the land measures need longer observation. Those findings would shape the next decision: expand the proven component, adjust the landscape work or pause further spending. They would not justify crediting all improvements to tree planting.
This gives nature-based carbon investments a practical place in a multi-year strategy. Funding increases as the evidence supports it, and the project can change direction before a larger commitment.
Discuss a sourcing opportunity with CCC
Carbon Credit Capital’s nature-based supply-chain investment service uses its Dual-Value Model to examine supply-chain economics alongside potential sustainability outcomes.
Schedule a consultation to discuss your sourcing exposure and the questions to resolve before allocating capital.
Sources
- Intergovernmental Panel on Climate Change (IPCC), Climate Change 2022: Mitigation of Climate Change, Chapter 7, Agriculture, Forestry and Other Land Uses, section 7.4.3.3 (Agroforestry).
- World Business Council for Sustainable Development (WBCSD), Nature-based Solutions Blueprint, 5 June 2024.
- Science Based Targets initiative (SBTi), Forest, Land and Agriculture Science-Based Target-Setting Guidance, version 1.2, March 2026, section 3.1.4, pp. 37–38.
- United Nations Environment Programme (UNEP), State of Finance for Nature 2023, 2023.
Carbon Footprint
How to buy plastic credits, and what to check before you do
A plastic credit funds the collection of plastic waste in places where no formal system exists to collect it. Each credit represents a measured, independently audited quantity of plastic taken out of the environment or returned to use, tracked on a public registry.
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Carbon Footprint
EU carbon credit claims after 27 September 2026
EU carbon credit claims changed on 27 September 2026, the day the Directive (EU) 2024/825 began to apply across the European Union. The change is narrow. It changes how a company can talk about the credits it buys. A product can no longer be called neutral on the strength of compensation alone; however, every specific, evidenced statement about what a company measured, reduced, and funded stays fully available.
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