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- Microsoft Purchases 40,000 Soil-Based Carbon Credits from Indigo Ag
Microsoft Purchases 40,000 Soil-Based Carbon Credits from Indigo Ag
Slice of Agriculture Team
June 25, 2024
Key Highlights:
Microsoft purchases 40,000 carbon credits from Indigo Ag's third carbon crop.
Largest number of credits ever delivered by Indigo Ag to a single buyer.
Credits verified by Climate Action Reserve's Soil Enrichment Protocol.
Supports Microsoft’s goal to be carbon negative by 2030.
Indigo Ag’s program aids growers in adopting sustainable practices.
Source (PR Newswire)
Notable Quotes:
"Today's announcement is a major milestone for Indigo's Carbon program and our increasing range of ag-based sustainability solutions. Microsoft is a leader in corporate climate action, a highly influential player in carbon removals and shares our commitment to support the transition to a more resilient and sustainable agriculture system."
"Soil organic carbon restoration is vital to the future of food systems, economies and climate change mitigation. We are pleased to collaborate with Indigo Ag to advance both the adoption of regenerative agriculture practices and the soil organic carbon scientific evidence base."
Our Take:
This significant purchase of 40,000 agricultural soil-based carbon credits by Microsoft from Indigo Ag marks a critical development in the voluntary carbon market, emphasizing the growing demand for verified, science-backed carbon credits. This transaction not only supports Microsoft's ambitious carbon-negative goals but also underscores the vital role of regenerative agriculture in climate action. Indigo Ag's commitment to scientific rigor and its innovative approach to sustainable farming practices highlight the potential for agriculture to contribute substantially to global sustainability efforts. This collaboration sets a precedent for future corporate engagement in environmental sustainability through agriculture-based carbon solutions.