Create the tools to ensure the credibility of the offer
To accelerate the market for carbon credits generated by agriculture and build confidence in the voluntary market, financiers who turn to these carbon credits must be assured that the projects have a real impact.
To certify a carbon credit, certification bodies must ensure that the impact of the program is quantifiable, permanent, and non-additional, thereby ensuring that the credit generated is counted only once.
FarmVault, the single, independent registry to avoid double counting of emissions reductions
FarmVault is the first tool developed by the Climate Agriculture Alliance to avoid double counting of emissions reductions and carbon capture by farmers participating in multiple carbon offset programs. The platform manages program compatibility and allows project owners and regulators to make requests to a single, independent registry. This registry is managed by a trusted third party that ensures the confidentiality of the name of the programs in which the farms are involved.
Thanks to this platform, all carbon program operators are now able to register a farmer on FarmVault having verified that the farm is not already engaged in another carbon program.
The programs of the Label Bas Carbone (workshops for field crops, Carbon Agri, hedges, plantation orchards, Ecomethane), Gaïago Carbone, Soil Capital, Rize program, Oléoze and Regeneration program are at this stage integrated into the tool. The compatibility platform will be enriched with programs from new players on the market.
The association's objective is to make FarmVault the reference tool on the European market and to integrate any new carbon program. One year after its creation, the association represents 4800 farmers involved in different carbon programs on the French market and more than 7400 farmers in Europe.
A concrete tool that reinforces the association's commitment to defining a European framework for carbon certification
Beyond the creation of this tool, the Climate Agriculture Alliance is also involved in structuring and framing the agricultural carbon market in Europe. In particular, the association has been appointed by the European Commission as an observer member of the "Carbon Removal" expert group, which is working to define the quality criteria for carbon sequestration as well as the processes for monitoring, reporting and verifying the authenticity of these sequestrations.
On November 30, the European Commission issued a proposal for a regulation to establish a European framework for certification of carbon sequestration in soils. The expert groups are working on the operational concretization of this framework in order to accompany the Commission and the Parliament in the finalization of the regulation. The "Carbon Removal" expert group specifically supports the Commission in the development of certification methodologies adapted to the different types of carbon absorption activities.
