To generate CRUs we use machine learning carbon models to measure the above ground biomass. CRUs are based on the values of above ground biomass in a certain plot, derived from satellite images and ground truth data using predictive machine learning models. For avoidance of doubt, Acorn’s reversal obligation is capped to the CRUs available in the buffer pool.ĬRUs are calculated following the Acorn methodology. The buffer pool is managed by Rabobank with third-party oversight from the Plan Vivo Foundation. These replacement CRUs are referred to as buffer pool CRUs. through forest fires or illegal logging), CRUs are replaced from the buffer pool (which is not unlimited). In case of unexpected, premature release of carbon stock (e.g. To support durability, we have created a buffer pool by setting aside 15% of the CRUs issued. ![]() For our CRUs this currently is monitored for 20 years since its creation. The durability period is the period during which the CO2 represented by a CRU is expected to remain removed from the atmosphere or sequestered in the buffer pool. Stored or otherwise sequestered during the durability period. Removed from the atmosphere as a result of the biomass growth in agroforestry projects,Īdditional to any GHG reduction that would occur in the base of the projects No rights can be derived from this information.Įvery Acorn CRU represents one metric tonne CO2, which is intended to be: Guarantees 80-90% of the sale price flows directly back to the smallholder farmer Ĭontributes to UN Sustainable Development Goals 1, 2, 6, 8, 9, 13, 15, 17.Īs CRU prices fluctuate, we can only provide an indication of our recent transaction price of €35 (updated Oct-2023). Is backed by a buffer pool put in place as insurance for reversal events Is transparent, measured with remote sensing and traceable -we show when, where and by whom the carbon is sequestered, all the way down to the individual plot and farmer level įeatures a durability period of 20 years-this is the period during which the CO2 represented by a CRU is expected to remain removed from the atmosphere or sequestered in the buffer pool Is derived from projects that exclusively cover smallholder farmers (<10 ha) in developing countries Provides a nature-based solution-we use agroforestry methods rather than technological solutions like direct air capture ![]() Is ex-post-the carbon is sequestered before the CRU is generated, not a promise for the future For organizations without a current relationship with Rabobank, a customer due diligence check, in accordance with Rabobank’s due diligence standards will be part of any purchase process.ĭenotes removal offsets (not avoidance, reduction or allowance credits) ![]() ![]() Rabobank/Acorn reserves the right to refrain from or discontinue contracting with individual organizations that do not (continue to) meet sustainability requirements.įurthermore, all buyers need to comply with the Rabobank Sustainability Statement. Proven greenhouse gas reduction (publicly available or available to Rabobank). At least one of the following measures should be in place to be eligible to purchase Acorn CRUs:Ī committed science-based target (SBTi) aligned to limiting a global temperature increase to 1.5 degrees Ī written strategy in place to reduce your greenhouse gas emissions (publicly available or available to Rabobank) That also means that we want the organizations who buy our credits to make a real effort, and not just buy a few carbon credits and tick a box. We believe in our mission and commit ourselves to empowering smallholder farmers and fighting climate change.
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