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Glossary

  • A Claim is a unique assertion about an environmental outcome occurring at a specific time and location. A Claim may confirm positive management practices, or the achievement of a target outcome.

    For example, a Claim may contain the proof that a farmer has reduced the Greenhouse Gas Emissions generated from their farming business. Or, a Claim may contain the proof that a group of farmers have restored the health of a waterway.

    Claims will be tradable on the NZ Climate Innovation market. Each Claim contains verifiable data that proves the credibility of the environmental outcome that has occurred.

  • A Pledge is a digital contract to undertake a regenerative project and collect the data that proves the resulting environmental outcomes. The Pledge uses the transparent management of measurement data (supported by tech) to facilitate a trusted exchange between farmers and landowners and investors.

    For example, a Pledge may be a farmer committing to transition their farm to regenerative agriculture. Or, it may be a complex undertaking involving multiple investors and deliverables such as a number of stakeholders committing to achieve a predator free zone for the protection of native biodiversity.

  • Also often seen as (N2O), is a potent and long-lived greenhouse gas. In New Zealand, most nitrous oxide is produced by micro-organisms acting on nitrogen introduced to the soil via livestock urine or synthetic fertilisers.

  • Carbon dioxide equivalent or CO2e means the number of metric tons of CO2 emissions with the same global warming potential as one metric ton of another greenhouse gas

  • Biodiversity is all the different kinds of life you'll find in one area—the variety of animals, plants, fungi, and even microorganisms like bacteria that make up our natural world. Each of these species and organisms work together in ecosystems, like an intricate web, to maintain balance and support life.

  • Nature-positive is the term used to describe a world where nature – species and ecosystems - is being restored and is regenerating rather than declining.

    The global goal is to halt loss of biodiversity by 2025, reverse the destruction of nature by 2030 with a full recovery of a resilient biosphere by 2050.

  • To regenerate is to begin reducing the use of water and synthetic inputs while preventing land degradation and deforestation. It protects and improves soil, biodiversity, climate resilience and water resources while making farming more productive and profitable.

    We don’t see regeneration as a rigid label but a mindset and process of improvement over time.

  • The Voluntary Carbon Market enables organisations to buy voluntary carbon credits (VCCs) representing certified emission reductions or removals by mitigation providers.

  • A contribution is a

FAQs

  • Examples of actions are; completing a riparian planting project, recharging a wetland, fencing off native forests, retiring erosion prone or fragile land, actioning pest control for biodiversity protection, diversifying your pasture for soil health and more.

  • When submitting your action, we’re allowing you to decide its value. This can be a number equivalent to dollars, such as the cost of the time, materials or people-power it took to pull it together. How much do you think the action is worth to your community, region or New Zealand?

  • Those who register their contribution with Calm The Farm consent to the publication of their name and contribution details on the Record. By listing a contribution, you have the choice to become a shareholder of Calm The Farm.

  • ‘Emission Reductions from Fertiliser and Feed Management’ is a new model to calculate Nitrous Oxide Emissions.

    The model calculates the nitrous oxide emissions avoided on your farm when you reduce your nitrogen fertiliser. We can help you sell those emissions as a claim, on the NZCIM marketplace.

  • Right now, dairy farmers who can reduce their Nitrogen fertiliser applications over the next 5 years and whose soil types are NOT gravel, humus or heavy peat.

    There are multiple claims in the works and we are working with farmers to build these out, soon also available to drystock farmers.

  • A Claim contains the data that confirms an environmental outcome and can be sold on the NZCIM. In this instance, the Claim is a proven reduction in nitrous oxide emissions from the reduction of nitrogen fertiliser on a farm.

  • Calm the Farm exists to help support farmers through the claims pipelines, facilitate pledges, monetise contributions and provide low interest loans to regenerative farmers needing access to capital.

  • Buyers are purchasing the tonnes of nitrous oxide emissions avoided on your dairy platform and can use them as carbon offsets. Nitrous oxide emissions are a long-lived greenhouse gas. These are calculated as tonnes of carbon dioxide equivalent (CO2e) avoided.

    Buyers receive a report that visually demonstrates the nitrogen reductions and subsequent emissions reductions as well as supporting information about your farm to give them confidence in the truthfulness of the reductions. You will have a chance to see this report before you decide to sell.

  • Our scientific model uses data reported by a farmer about their nitrogen fertiliser reductions, plus feed and irrigation management changes, to calculate the actual reductions over time in nitrous oxide emissions from a dairy farm’s milking platform.

  • By reducing Nitrogen fertiliser application and tweaking feed and irrigation management. Read more about N2O here.

  • Professor Troy Baisden is the Principal Investigator at Te Pūnaha Matatini. Troy specialises in understanding the flow of nutrients, water and carbon through land-based ecosystems and resulting impacts in freshwater. He holds a PhD from the Department of Environmental Science, Policy and Management at the University of California, Berkeley.

  • You always own the raw claim data that you report into the system. Your raw data is transformed through the model to calculate the emissions reductions from your fertiliser changes. Buyers own a copy of the data presented in the report.

  • You can list up to 5 years of future emission reductions. Each year is considered one Claim, and you will need to create a separate listing for each year on the NZCIM.

  • Just like a forward contract for next year’s lamb, you can forward contract your emissions reductions. Estimate your volume to sell, secure a forward contract, get paid upon delivery.

  • A baseline is your current ‘business as usual’ practice before you start making the reductions in fertiliser use. A baseline is required to calculate the actual emission reductions achieved each year.

  • You will need to report 12 months of monthly nitrogen fertiliser application, feed and irrigation data. The 12 months of data need to be for the year prior to when you plan to start making reductions.

  • You pre-sell your estimated future emission reductions. We hold a 20% buyer deposit in a trust account on your behalf.

    After you have reported two years of data, that data is run through the model and the emissions avoided between the two years is calculated. You will be paid for the actual tonnes of emissions avoided in your second year.

    Each subsequent year of data reported will calculate your reductions from your initial baseline year and you will be paid annually.

  • We understand that farm management practices need to be flexible to meet the conditions of any given year. You will sell your emission reductions at a fixed unit price per tonnes of nitrous oxide emission reductions. As these are calculated annually based on real data from your farm, you will receive payment for your actual reductions achieved on any given year.