The voluntary market isn’t the sole lift
Back in 2012 and 2015, the Marin Carbon Project looked into how to fund the development and implementation of carbon farming, specifically voluntary markets and carbon credit development. The conclusion at the time and five years later, today, is that the current price of carbon on the voluntary market is insufficient in most cases to support implementation and verification of carbon farm plans for soil carbon sequestration. Additional funding sources (e.g. via policy incentives, community or government investment, or other form of financial support) would be required to provide a sustainable revenue stream to support these climate change mitigation activities apart from the carbon market.
Read the full statement from MCP >>