Eligibility for the Nori Program
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 Methodology." This program will award CO2 removal and retention to US growers (also referred to in the Nori market as “Suppliers”) who have recently adopted agronomic conservation practices -- often referred to as "regenerative" practices -- that sequester carbon. Nori rewards the adoption of these practices by issuing a Nori Carbon Removal Tonne (NRT). This NRT is a sellable asset that represents an incremental tonne of CO2 removed from the atmosphere and sequestered in the soil.
The goal of the program is to fill our marketplace with NRTs from US growers who have adopted conservation practices within the past 10 years. We will use our learnings from the pilot to design and refine our platform to best serve the people using the Nori product.
Who is eligible?
Suppliers who qualify for the Nori Croplands Program check all of the following boxes:
- Currently farming cropland in the continental United States
- Adopted agricultural conservation practices after 2012
Reduced or no tillage
Cover cropping
Increased biodiversity
Adoption of organic amendments
Adding or changing crop rotations
Have verifiable farm records from the switch through present
Are able to pay for project verification costs ($3,000-5,000)
Secure "assignment of authority" from any landowners
Willing to sign a 10 year contract ("NRT Agreement")