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Boomitra issues 3.03 million Verra‑verified soil carbon credits for Northern Mexico grasslands
Summary
Boomitra announced Verra verification and issuance of 3.03 million soil carbon removal credits from its Northern Mexico grassland project, reported as the first VM0042 project to issue credits in North America.
Content
Boomitra announced the issuance of 3.03 million Verra‑verified soil carbon removal credits from its Northern Mexico Grassland Restoration Project. The announcement says the project is the first in North America to be verified under Verra's VM0042 methodology. The project operates across parts of the Chihuahuan and Sonoran desert regions and has expanded in area while working with local ranchers. The company reports the removals were recorded between 2019 and 2022 and that the project is pursuing additional certification for community and biodiversity co‑benefits.
Key details:
- 3.03 million soil carbon removal credits have been issued and announced as Verra‑verified under VM0042.
- The project is described as operating across about 4 million acres of Chihuahuan and Sonoran desert grasslands and expanded from an initial 1.4 million acres.
- Reported removals cover the period 2019–2022 and are described as more than three million tonnes of CO2e removed from the atmosphere.
- The project works with 158 ranchers and uses regenerative grazing practices such as rotational grazing and rested paddocks.
- Boomitra states that ranchers and local communities receive at least 75% of gross carbon revenue under its economic model.
- The project is undergoing Climate, Community & Biodiversity (CCB) certification and has reported pre‑commitments from corporate and institutional buyers.
Summary:
The issuance represents a Verra‑verified soil carbon removal milestone and is presented as the first VM0042 credit issuance in North America, with reported environmental and social co‑benefits tied to regenerative grazing. The project is undergoing CCB certification and has reported buyer pre‑commitments; the timeline for further issuances or additional approvals is undetermined at this time.
