Agricultural carbon initiatives face evolving programs and standards, as well as different monetization pathways through either “offsetting” (carbon credit production) or “insetting” (scope 3 interventions). A commodity trader, in collaboration with a private agricultural company, explored these monetization opportunities in Brazil and Colombia using the VM0042 methodology under the Verified Carbon Standard (VCS) or the future Scope 3 Standard (S3S). Unique assessed key design aspects of different suitable agricultural interventions. We also provided background and decision support for the company’s strategy on the most appropriate monetization pathway.

• Assessed and compared certification options under VCS and S3S
• Linked practices to carbon potential, monitoring, reporting and verification (MRV), and certification options
• Assessed eligibility, additionality, leakage, and non-permanence risk
• Evaluated and informed on safeguarding and stakeholder engagement
• Built ex-ante ER model and cash flow
• Delivered roadmap and conclusion