This agreement marks Microsoft's first purchase of
atmospheric carbon removal credits in grasslands, supporting
regenerative ranching practices
SAN
ANTONIO, Jan. 30, 2024 /PRNewswire/
-- Grassroots Carbon, a
leader in providing high-quality carbon removal credits, today
announced an agreement to provide Microsoft (NASDAQ: MSFT) with
soil carbon drawdown credits.
The credits, which represent additional carbon sequestered over
a 30-year period, mark Microsoft's first investment in carbon
credits generated from regeneratively managed grasslands.
"Grassroots Carbon is thrilled Microsoft is including soil
credits in their carbon removal strategy. Soil carbon storage is an
essential part of the climate solution and our regenerative
ranchers are trusted partners in that solution," said Brad Tipper, CEO of Grassroots Carbon.
"Microsoft not only made a choice to reduce atmospheric carbon
levels, but to do so with impacts far beyond just carbon."
The benefits of improving soil health extend to enhanced water
storage, erosion prevention, and improved grasslands ecology. The
investment in carbon credits also directly supports ranchers
implementing regenerative land management practices, who receive
most of the profit of these credits.
Currently, 41% of U.S. grassland is used for livestock grazing,
with the capacity to sequester over 500 million tons of carbon
dioxide a year. However, 95% of that grassland is managed
conventionally, depleting soil carbon. Grassroots Carbon aims to help in the conversion to
regenerative practices by creating opportunities for land managers
to earn income from carbon storage, based on rigorous 1-meter deep
measurement, third-party verification and certification of carbon
removal and storage.
"Supporting high-quality soil carbon credit solutions is part of
Microsoft's carbon removal strategy," said Phil Goodman, director, carbon removal
portfolio, Microsoft. "This project with Grassroots Carbon utilizes
PastureMap, a measurement, reporting and verification (MRV)
software that improves grassland management in the US by
incentivizing ranchers' transition to rotational grazing. Microsoft
is excited to work with Grassroots Carbon to advance the soil
carbon market through MRV innovations and the production of large
data sets of soil carbon and ecological data."
About Grassroots Carbon:
Grassroots Carbon offers
nature-based soil carbon removal solutions to companies aiming to
reduce their carbon impact, while providing ranchers an easy,
transparent way to be rewarded for their regenerative
practices.
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SOURCE Grassroots Carbon