Eligibility for the Nori pilot
Background on Nori
Welcome to the Nori US Croplands Pilot! We are glad you are here. Before we begin, a little about us…
Nori is a Seattle based company composed of folks with backgrounds in engineering, economics, agronomy, science, and blockchain architecture. We’ve come together around the common goal of building a voluntary carbon removal marketplace. This marketplace will monetize carbon dioxide (CO2) that is removed from the atmosphere when the recovered carbon is retained in a terrestrial reservoir (natural or manmade) - known as carbon capture or carbon sequestration.
We are beginning to build this marketplace with Nori’s US Croplands Pilot (“Pilot”). This Pilot will award CO2 removal and retention to US growers (also referred to in the Nori market as “Suppliers”) who have recently adopted agronomic conservation -- sometimes referred to as regenerative -- practices that sequester carbon. Nori rewards the adoption of these practices by issuing a Nori Carbon Removal Tonne (NRT), a sellable asset, for every incremental tonne of CO2 removed from the atmosphere and sequestered in the soil.
The goal of the Pilot is to test the Nori Product on US growers who have adopted conservation practices within the past 10 years. We will use our learnings from this Pilot to design and refine our platform and marketplace to best serve the people using the Nori product.
Who is eligible?
Suppliers who qualify for the Nori Croplands Pilot check all of the following boxes:
Farm cropland in the continental United States
Adopted agricultural conservation practices after 2010
Priority of regenerative practices’ effect on increasing carbon sequestration
Adoption of organic amendments
Adding or changing crop rotations
Have verifiable farm operating records from at least 3 years prior to adopting conservation practices through present
Are able to pay for project verification costs
Secure assignment of authority from any landowners
Sign a 10 year NRT Agreement