Bayer is changing its carbon sequestration program to include early adopters of soil health practices and expanding to eight more states.
Enhancements for the 2021-2022 program season include eligibility for growers who have adopted strip- or no-till or cover crops on fields on or after January 1, 2012. In addition to the nine states that were part of the program’s first year, farmers in Wisconsin, South Dakota, Nebraska, Arkansas, Mississippi, Louisiana, Maryland and Delaware are now eligible to participate. Farmers can earn up $3 per acre, per year for no-till/strip-till, $6 acre/year for cover crops and $9 acre/year for both.
“Farmers are at the center of the solution when it comes to helping sequester carbon and addressing climate change,” said Jackie Applegate, President of Crop Science, North America. “By enabling farmers to benefit in a simple and transparent way, Bayer is uniquely positioned to help growers capture value created by these sustainable farming practices.”
The Bayer Carbon Program takes a farmer-centric approach by offering growers simplicity, certainty and flexibility. By paying U.S. farmers for implementing climate-smart farming methods such as strip- or no-till and cover crops, which help sequester carbon in the soil, farmers receive guaranteed payments and are rewarded for how they produce.
The streamlined approach has become a hallmark of Bayer’s program. It offers certainty and pays growers for the verified practices farmers adopt on each enrolled acre, without growers having to decipher the amount of carbon they generate.
“Through our Carbon Advisory Panel and meetings with growers, we’ve heard from farmers that they appreciate the simplicity of the program, which allows them to focus on what they do best – raise a crop,” said Leo Bastos, Head of Carbon Business Model. “We are excited to build on the success of the program’s first year and offer even more growers the chance to participate in the program. This is just the beginning. We’re continually exploring new ways and opportunities to help deliver added benefits to farmers.”