Trimble announced today the Connected Climate Exchange, a carbon marketplace to connect and aggregate verified data across the agriculture supply chain.
Trimble’s Connected Climate Exchange creates “a streamlined process for aggregating data across farm organizations and verifying this data for emissions reductions and removals buyers.”
By connecting an ecosystem of farmers, agronomists, ag retailers and carbon buyers in one marketplace, the Connected Climate Exchange enables participation in carbon markets and sustainability programs, the company claims.
“Trimble is taking a farm-centric approach (to carbon credits),” said Darren Howie, director, emerging digital and sustainability. “While many carbon programs work by identifying a specific practice to implement and search for farms, Trimble is partnering with agronomy-focused, enterprise agriculture companies to optimize interventions at the farm level.”
A Farmer-First Solution
As a key participant in the carbon market since 2007, Trimble offers high-quality, in-field data in a platform solution that allows smooth data integrations, according to a press release from the company.
Over the past 17 years, Trimble says it has sold over 4.5 million tonnes of agricultural carbon offsets in Canada, generating over $50 million for farmers.
The Trimble Connected Climate Exchange works with Trimble Ag Software and other third-party farm management tools to:
- Centrally manage sustainability projects and customers
- Perform calculations to report on carbon emissions, reductions and removals
- Provide reporting and visualization to sustainability impacts
- Calculate payments where applicable
- Generate cross-sector supply chain insights
“One key roadblock to other carbon programs has been data aggregation. Trimble has been on the farm and collecting data for decades,” said Dietmar Grimm, vice president, corporate strategy and sustainability. “Through its data aggregation capabilities, the Connected Climate Exchange is able to deliver quantifiable and verifiable reports, validated by independent third-party MMRV (measure, monitor, report and verify) providers.”
Head over to Trimble.com to learn more about the Connected Climate Exchange.
