We are Farmer Forward
Nori is committed to creating a fair and equitable marketplace for farmers. We ensure projects are neither unjustly penalized nor rewarded for natural fluctuations in soil carbon outside farmers' control. We are creating a product with feedback directly from growers with the hopes to serve all types of regenerative farmers.
We believe in transparency: from how we measure soil carbon to who is purchasing Nori Carbon Removal Tonnes (NRTs).
Nori Creates an Additional Asset for Farms
We know a farmer's margins are incredibly tight. Our goal is to help diversify your source of income through carbon removal.
Unlike traditional commodities, such as grain, carbon's value originates from its persistence in the soil. In a carbon market, parties interested in negating their emissions pay others to do the work of carbon removal.
We want farmers to reap the benefits of their carbon removal. When Nori generates Nori Removal Tonnes (NRTs) for farmers, they set the price of their NRTs and receive 100% of those funds.
As we mentioned before, we know a farmer's margins are incredibly tight. Nori cuts down on project verification costs by working with a third party carbon quantification tool. This way, third parties only verify input data. We also allow for the sale of additional ecosystem services.
Nori respects farmers' privacy. We never sell or commercialize your data in any way.
Nori doesn't prescribe specific practices to farmers, but as a general rule of thumb, we look for projects that:
Regenerative practices that improve soil health and store carbon by infusing diverse nutrients into the soil and slowing soil erosion.
The promotion of carbon accumulation in the soil through the minimization of soil disruption.
Lengthening growing seasons to increase soil resiliency through the addition of cover crops and crop biodiversity.
To qualify, you need to have adopted regenerative agriculture practices within the last ten years
You have quality farm management records
You can provide digital field boundaries for fields you want to enroll
Your fields are US based croplands
The land doesn’t have Conservation Reserve Program in its historical land use since 2000
You’re willing to pay project verification costs
Enter historical farm practices, regenerative switch year data, and farm practice projections into the Nori App.
Choose a bid from a third-party entity who verifies the provided project information.
The contract to enter the Nori Marketplace, that provides suppliers with the terms and conditions for 10 years after NRT issuance.
Once a project is verified, suppliers are issued NRTs to be sold in the Nori Marketplace.
Suppliers set the price of their NRTs and are paid as they sell, in Nori's First in-First out (FiFo) market.
Buyers value carbon's ability to persist in the soil for an extended period of time. Reasonably meeting the need of both farmers and buyers requires a ten year contract.
Want more information? We're working on new resources for you coming soon!