Standard Bank Business and Commercial Banking (BCB) announced a partnership with Orizon Agriculture that enables farmers to turn regenerative farming practices into verified carbon credits, while participating in carbon markets without taking on additional complexity.
Standard Bank Business and Commercial Banking (BCB) has partnered with Orizon Agriculture to launch what it says is South Africa’s first bank-backed regenerative agriculture carbon crop credit programme, aimed at helping farmers generate additional income through carbon markets.
Announced at the NAMPO Harvest Day, the initiative will allow farmers implementing regenerative farming practices to convert verified environmental outcomes into tradable carbon credits without having to manage the technical and administrative complexities themselves.
Standard Bank said the programme is designed to support agricultural clients who are already improving soil health and reducing farm emissions by creating an additional revenue stream linked to sustainable farming practices.
Through the partnership, eligible Standard Bank clients can be introduced to Orizon’s CarbonCrop Rewards Programme, which measures and verifies improvements in soil organic carbon and reductions in on-farm emissions. These verified outcomes are then converted into carbon credits that can be sold into carbon markets.
