Overview of AG Greena's Progress and Future Plans

Introduction

• Presenter: Simon, CEO and co-founder of AG Greena
• Purpose: Provide an overview of AG Greena's activities in the past year, address the delay in issuing credits on Vera, and outline future plans.

Thank You to Participants

• Gratitude extended to participants, both new and long-term farmers.

Development and Growth

• Significant growth in the past year:
  • Expansion from 0.5 million hectares to over 2 million hectares across 19 markets in Europe.
• Importance for buyers of carbon credits:
  • Buyers seek scalable solutions across multiple markets.
  • Strength in being part of an international platform in the voluntary carbon markets.

Shift in Buyer Focus

• Transition from low-affinity avoidance credits to high-quality removal credits.
  • Soil carbon credits align well with this focus.
• Mobilization in the supply chain:
  • Food and beverage companies are investing in helping farmers transition to regenerative practices.
  • Aim: Reduce Scope 3 emissions.

Importance of Vera Approval

• Vera is the de facto standard for high-quality credits in the carbon market.
  • Seen in regulations and buyer preferences.
• Two years of effort to achieve Vera approval:
  • Complexity and importance of the program being watertight.

Timeline for Vera Validation

• Uncertainty in the exact timeline for Vera validation:
  • Best estimate: Q3 for validation.
  • No guarantees can be issued.

Focus on Long-Term Sustainability

• Importance of getting the program right for long-term benefits:
  • Ensuring validity and sustainability over short-term gains.

Conclusion

• Encouragement to stay tuned and best wishes for a great summer and harvest.