Farmland LP, a U.S. manager specialising exclusively in organic and regenerative agriculture, and Carbon Friendly, a developer of regenerative carbon projects, have submitted the first regenerative-farming carbon credits produced in the United States to Verra for issuance under the VM0042 methodology.
Following site visits conducted in late 2024, a Verra-accredited third-party auditor spent nine months reviewing the project against Verra’s Verified Carbon Standard methodology. The completed review was submitted to Verra in October for final approval and issuance of the carbon credits.
The credits are intended to represent a high-integrity pathway in the voluntary carbon market, combining rigorous measurement, permanence, and verified co-benefits:
- Uniquely measured, not modelled — empirical soil sampling taken annually at identical GPS points, ensuring verifiable changes in carbon stock.
- Permanent and third-party verified — legally binding commitments and Verra-approved safeguards ensure long-term durability.
- Regeneration in action: food, water & biodiversity — credits originate from certified organic and regenerative farmland improving soil health, water quality and biodiversity.
The first credits expected to be issued by Verra, and made available for sale shortly, stem from investments in regenerative practices in 2023 and 2024. Over the next decade, Farmland LP, Carbon Friendly and their farming partners anticipate issuing between 2 and 5 million regenerative soil carbon credits from projects already validated, along with additional credits from future projects.
“Farmland LP’s strategy has always been to align ecological value with financial return,” said Craig Wichner, Managing Partner of Farmland LP. “With this first submission to Verra, we are turning regenerative agriculture into a verifiable climate solution that will generate millions of high-quality nature-based removals over the coming decade. This milestone demonstrates the potential for regenerative farming to deliver both ecological and economic value at scale.”
“Verra’s approval process demands the highest levels of rigor, and this submission proves that regenerative agriculture can meet that bar,” said François Visser, CEO of Carbon Friendly. “Partnering with Farmland LP allows us to bring scientific credibility and market transparency to soil carbon credits at scale, providing corporate buyers with the confidence they need to invest in durable, ‘Ground Truth’ climate solutions.”
The submission comes as Farmland LP continues to expand under Fund III, which remains open through December 2025. Recent acquisitions and partnerships include a joint venture with Stemilt Growers covering nearly 1,000 acres of apples and cherries in the Columbia Basin of Washington, further diversifying the portfolio and increasing total holdings to over 4,700 acres. Earlier acquisitions include the 1,184-acre Riverwood Farm in Oregon’s Willamette Valley and 2,625 acres across three farms in California’s San Joaquin Delta.
