The minute
- Agreena, a Copenhagen-based carbon platform founded in 2018, signed a seven-year agreement with one of the world’s largest commodity trading houses for 4.45 million tonnes of carbon credits.
- The project targets 1.6 million hectares of farmland under regenerative management by 2028 in Kazakhstan’s northern grain belt, promoting reduced tillage (saving 40 to 60 liters of diesel per hectare), crop residue retention and elimination of stubble burning.
- The deal is described as the largest publicly announced agricultural carbon agreement and among the longest-dated soil carbon project commitments to date.
Why it matters: Voluntary carbon markets have faced credibility concerns over forest-based offsets, and large, long-dated deals anchored in soil carbon signal growing buyer confidence in agriculture-based removal credits as a scalable alternative.
The program covers carbon-rich soils in Central Asia that receive 300 to 450mm of annual rainfall and have been degraded by conventional farming. Co-benefits include improved soil health, enhanced biodiversity and greater drought and flood resilience. Frederik Aagaard, Agreena’s Chief Commercial Officer, said a seven-year agreement provides the infrastructure enabling farmers in Kazakhstan to change how they farm. Full details via ESG Today.
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