The market for carbon farming is estimated at USD XX.X billion in 2024; it is projected to grow at a CAGR of 14.2% to reach USD XX.X billion by 2029.

Carbon farming aims to trap emissions. The difficulty has been to make this type of regenerative farming financially sustainable by compensating landowners for rejuvenating deteriorated soils by transforming their fields into massive CO2 sponges. This involves a variety of regenerative approaches.

Cover cropping is especially popular, with fields covered in grasses, cereals, legumes, and other plant species that absorb carbon from the air during photosynthesis and store it in the soil below. After a few years of precise measurements to demonstrate the changing carbon content of the soil, the sequestered carbon is certified and converted into credits before being sold. For its proponents, carbon farming promises a revolutionary new agricultural business model--one that tackles climate change, provides jobs, and protects farms that might otherwise be unprofitable.