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Planet2050 is launching a unique Regenerative Coffee Insetting Program focusing on the creation of a digital infrastructure connecting carbon and biodiversity projects on farms with sustainably-driven stakeholders in the coffee and cocoa value chains.
Planet2050 is partnering with the Coffee Impact Collective to scale innovative carbon-biodiversity combined activities, investigate new methodologies and digital traceability approaches in sustainable commodities especially in coffee and cocoa farming.
Global coffee demand is expected to triple by 2050. However, climate change impacts will reduce the area suitable for growing coffee by up to 50% and increase the risk of deforestation
95% of producers are smallholder farms operating in highly biodiverse ecosystems. Yet, they are not rewarded for their stewardship. Instead, many live in financial instability and are at risk of discontinuing production.
Due to small plot sizes, these farmers are excluded from carbon markets and may soon from the EU coffee market due to the EU Deforestation Regulation (EUDR) requirements.
Coffee buyers, traders, and corporates are under pressure to meet their Net-Zero and Nature targets. They seek direct, transparent, inclusive actions make value chains more sustainable, reduce their carbon footprint (Scope 3) and contribute to nature preservation.
For companies sourcing agricultural commodities, up to 90 % of supply chain emissions (Scope 3) originates at farm level crop production.
Coffee has a significant climate footprint, which depends on how and where it’s grown, packaged, transported, brewed and consumed – and how much of it is wasted throughout the supply chain.
Of all these phases, coffee-growing is the most greenhouse-gas-intensive phase of its lifecycle, accounting for 40-80% of its total emissions (Source)
One 2020 review paper estimated the average carbon footprint of Arabica coffee from Brazil and Vietnam exported to the UK as can carry up to 15.33kg of CO2e for every kilogram of green coffee produced conventionally.
Research has also found that switching to sustainable coffee-growing could reduce emissions by > 75%.
The conference taking place in Cali, Colombia on October 21st until November 1st will focus on the implementation of the Biodiversity Plan (i.e. the Global Biodiversity Framework).
At Planet2050 we're committed to the Nature agenda and to support the COP’s objectives by financing and promoting high-quality environmental credits projects within value chains and beyond.
Our team will be happy to meet you and discuss opportunities for Insetting approaches in coffee, cocoa value chains and beyond! Please reach out to hello@planet2050.earth to schedule a meeting.
