Groundwork BioAg Issues First Verified Soil Carbon Credits Under Rootella Carbon Program
global-agriculture.comGroundwork BioAg has issued its first verified carbon credits under the Rootella Carbon program, marking the first issuance under Verra's VM0042 standard in the United States. The project uses mycorrhizal fungi to sequester carbon in soil, generating 19,568 verified carbon units. The company says the approach can sequester 1.5 to 3.5 tCO2e per acre annually, roughly five times more than cover cropping or no-till alone. Farmers receive up to 70% of the net proceeds from credit sales. The program has grown from 9,000 enrolled acres in 2023 to over 700,000 acres across the US Midwest and Canadian Prairies. Groundwork BioAg claims this is the first 'measure and remeasure' project to issue credits globally under Verra's VM0042 methodology. The company says it aims to deliver half a million tonnes of CO2 removal in the next two years, a significant share of the current voluntary CDR market. The key question is whether the mycorrhizal fungi approach can maintain those per-acre sequestration rates as it scales to millions of acres.
