Recording forthcoming
Acorn – Agroforestry Carbon Removal Units (CRUs) for the Organic Restoration of Nature is an agroforestry program that unlocks smallholder farmers' international voluntary carbon market. Acorn's mission is to combat climate change, land degradation, and food insecurity with an inclusive agroforestry solution. This solution balances competing for land use demands in a way that benefits both human well-being and the environment. This means land use that has a positive impact on food supply and livelihoods, the economy, environmental restoration, climate targets, and development goals.
To do this, Acorn has built a global, transparent, and technology-enabled marketplace for carbon sequestration. This marketplace provides entry to the international carbon market for smallholder farmers who are realizing agroforestry projects for carbon sequestration through biomass growth, predominantly through trees, which is measured with the help of satellite monitoring. Acorn supports the initiation and development of these agroforestry projects and facilitates the subsequent trade of the so-called carbon removal units (CRUs) that are generated from the sequestered carbon. As such, the program:
To do this, Acorn has built a global, transparent, and technology-enabled marketplace for carbon sequestration. This marketplace provides entry to the international carbon market for smallholder farmers who are realizing agroforestry projects for carbon sequestration through biomass growth, predominantly through trees, which is measured with the help of satellite monitoring. Acorn supports the initiation and development of these agroforestry projects and facilitates the subsequent trade of the so-called carbon removal units (CRUs) that are generated from the sequestered carbon. As such, the program:
- is accessible for smallholder farmers on a large scale
- ensures suitable agroforestry systems which capture sufficient carbon and provide decent income to smallholder farmers
- embraces innovative technologies
- encourages the sale of ex-post carbon removal units
In the coming years, Acorn will support hundreds of projects, helping individual smallholder farmers switch to agroforestry by compensating them for their contribution to our world’s ecosystem. By 2025, Acorn aims to support millions of such farmers. To do this, Acorn is partnering with dozens of local organizations around the globe: NGOs, farmers’ co-ops, trading companies, big processors (e.g., coffee, cocoa), governments, funds, and more.
The following topics were discussed during the session:
The following topics were discussed during the session:
- What are project and partner criteria?
- How does the Acorn Framework and Methodology, developed with Plan Vivo, look at eligibility and additionality?
- How are carbon models to measure tree biomass using satellite imagery are developed and applied?
- What are the developments towards high quality credits in the voluntary carbon market?
Chair: Parmesh Shah, Global Lead, Data-Driven Digital Agriculture, Agriculture and Food Global Practice, The World Bank
Speakers:
Resource:
Speakers:
- Martine Jansen, Head of Partnerships Acorn
- Eline Kajim, Head of Certification Acorn
- Emma van de Ven, Strategy and research lead Acorn
- Mila Luleva, PhD, Head of Remote sensing Acorn
- Jelmer van de Mortel, Head of Acorn
- William Sutton, Global Lead for Climate Smart Agriculture, Agriculture and Food Global Practice, The World Bank
- Ademola Braimoh, Senior Natural Resources Management Specialist, Agriculture and Food Global Practice, The World Bank
- Rama Chandra Reddy, Senior Environmental Economist, Environment, Natural Resources & Blue Economy, MENA Region, The World Bank
- Joel Brounen, Solidaridad´s Country Manager in Colombia
Resource:
More Than Just Hot Air : Carbon Market Access and Climate Smart Agriculture for Smallholder Farmers
The Kenya Agricultural Carbon Project is breaking new ground in designing and implementing climate finance projects in the agricultural sector. The project is regarded as an innovative example for Climate Smart Agriculture within and outside the World Bank. For the first time, while increasing productivity and enhancing resilience to climate change, smallholder farmers in Africa will receive payments for greenhouse gas mitigation based on sustainable agricultural land management. Quantification of carbon sequestration is monitored based on a newly developed carbon accounting methodology. This SmartLesson describes the key factors to take into consideration when facilitating the adoption of climate-smart agricultural practices and access to carbon markets for smallholder farmers.
The Kenya Agricultural Carbon Project is breaking new ground in designing and implementing climate finance projects in the agricultural sector. The project is regarded as an innovative example for Climate Smart Agriculture within and outside the World Bank. For the first time, while increasing productivity and enhancing resilience to climate change, smallholder farmers in Africa will receive payments for greenhouse gas mitigation based on sustainable agricultural land management. Quantification of carbon sequestration is monitored based on a newly developed carbon accounting methodology. This SmartLesson describes the key factors to take into consideration when facilitating the adoption of climate-smart agricultural practices and access to carbon markets for smallholder farmers.
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