Farmland LP has structured a farmland investment fund that blends traditional agriculture revenue with income from verified soil carbon credits. Microsoft's Climate Innovation Fund anchors the fund, de-risking early carbon projects and setting a high bar for measurement and verification. The model shows how working lands can generate both crop income and climate returns. The approach ties carbon credit revenue to specific landscapes, soils, and communities. For investors, it offers a real-asset play that is place-based and diversified. For corporate buyers like Microsoft, it provides durable, verified offsets aligned with carbon negative commitments. The article walks through how the capital stack evolves over time and why ecological performance metrics matter for long-term value.
