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November 25, 2024

Call for Expressions of Interest (EoI) to SRP Members: Implementing Partners for Pilot Carbon Credit Projects

The Sustainable Rice Platform (SRP) invites farmer-facing members to submit Expressions of Interest (EoI) to become implementing partners in large-scale pilot carbon credit projects. These initiatives aim to leverage carbon finance to support rice smallholders and accelerate the adoption of sustainable, low-emission practices.

Background

To drive progress in sustainable rice cultivation, SRP is developing a Low Carbon Assurance Module (LCAM). This tool focuses on insetting and verifying low-carbon claims for Scope 3 emission reductions within value chains. In collaboration with CarbonFarm and AgriCapture, the pilot projects will explore carbon offsetting opportunities to generate new revenue streams for rice farmers.

Project Outcomes

The pilot projects will develop scalable business models, enabling SRP members to channel carbon finance revenues directly to farmers.

Approach

Two main approaches are envisioned:

1. Support for Member-Led Projects: Providing carbon asset development and digital Measurement, Reporting, and Verification (dMRV) services to SRP members interested in developing their emission reduction projects.
2. Investor Partnerships: Sourcing and developing rice-based emission reduction projects for investors seeking financial or carbon credit returns.

Interested in learning more? Download the full Call for EoI document for all the details, including criteria, timelines, and submission guidelines. For further information, please contact Rowell Dikitanan, SRP Impact, Monitoring & Evaluation Manager, at rowell.dikitanan{at}sustainablerice.org.