how does unlock address the existing challenges?

challenge 1: accurate measurement of impacts at farm-level

GHG quantification models will be combined with satellite and remote sensing data, data on farmer practices, and soil sampling to calculate GHG reductions and removals at farm level for all participating farmers, with Implementing Partners gathering relevant farm data. Co-benefits will also be measured on biodiversity, soil health, water and farmer livelihoods, while mechanisms will be developed for permanence and supply chain traceability for claims. Implementation Partners will work with farmers to identify and implement the most appropriate practices from a list of potential interventions.

challenge 2: brand scope 3 ghg claims

Quantification approaches and supply chain links will be validated by the Value Change Initiative and GHGP, with technical oversight from SBTi and other relevant bodies. This will allow reductions and removals from the Unlock workstreams to be quantified into Unlock Units, supporting brand Scope 3 reduction and/or removal claims. Brands will be guided on relevant targets, claims, and reporting approaches to ensure alignment with the GHG Protocol Land Sector & Removals Guidance, FLAG requirements, and other leading requirements.

challenge 3: incentives for farmers

Unlock Units will have a fixed price per tonne of CO2 equivalent, which is linked to EU Carbon Futures price + premium of 50 Euros. This price will be paid by any brand purchasing an Unlock Unit, and the whole fee will be sent directly to the relevant farmer to provide support and incentives for practice change and improved impacts. The aim of Unlock Units is to incentivise more farmers to shift to low climate impact and regenerative farming and get through ‘pain point’ and risk of transitioning practices.