First 2024 Vintage Agricultural Carbon Credits Hit U.S. Market
To date: 5 States. 926 Fields. 21 Billion Gallons of Water Saved. 70,000 Tonnes of Verified Emission Reductions.
AgriCapture announced today the third issuance of carbon credits from the largest rice methane reduction project in U.S. history. This newest issuance of 33,996 carbon credits include the first of any agricultural credits to market from the 2024 growing season. These credits reward farmers for cutting methane emissions and conserving water through improved irrigation practices.
The project spans 926 fields across Arkansas, Louisiana, Mississippi, Missouri, and Texas. The project helps farmers transition to alternate wetting and drying (AWD) or furrow irrigation. These practices reduce methane emissions by up to 70% and save an average of 300,000 gallons of water per credit.
Methane is a potent greenhouse gas, more than 80 times stronger than CO₂ over 20 years. By issuing credits within six months of harvest, AgriCapture provides farmers with a fast, reliable incentive to implement climate-smart practices during a time of tight margins and volatile input costs.
Since launch, the project has delivered over 70,000 metric tons of verified emission reductions and conserved 21 billion gallons of water. All credits are verified by the Climate Action Reserve and based on robust, field-level data collection.
“Farmers are willing to adopt better practices that save water and reduce methane when the economics work, and the incentives are real. AgriCapture has built an efficient engine for change, and we’re excited to scale this project to transform rice farming and strengthening farmer income and resilience,” said AgriCapture CEO Tyler Hull.
AgriCapture continues to expand its monitoring and verification tools to track methane, water conservation, and water quality benefits at the field level. These capabilities unlock new investment opportunities and support the development of water-focused environmental markets.
Building on strong momentum in the U.S., AgriCapture has expanded the project to Brazil and plans to launch in additional countries later this year, enabling more farmers to access environmental markets and scale climate impact globally.
About AgriCapture
AgriCapture helps farmers monetize their sustainable practices. With in-house monitoring, measuring, reporting, and verification, AgriCapture creates economically viable, market-based solutions for cultivating crops and conserving land while reducing greenhouse gas (GHG) emissions. As the leading generator of high-integrity agricultural carbon credits and certifier of regenerative farming practices, AgriCapture connects farmers and ranchers to environmental markets and premium supply chains.
