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AUGUR.ASSOCIATES société de conseil marché Cannabis & Chanvre en France, Europe

Carbon Credit

There's too much CO2 in the air, and we urgently need to reduce our emissions. Combined with carbon credits, hemp represents a powerful tool to fight climate change, restore biodiversity and create value.

Augur Associates supports certified projects that measurably cut global emissions while financing alternatives to the high-emissions products we have been relying on for decades.

Carbon contribution, often called "offsetting", is the act of buying Carbon Credits to mitigate one's emissions. It is the minor preferential action a company (or any emitter) can take on its pathway to net zero.

Other vital steps must be taken upstream of the carbon contribution, such as those described in this mitigation pyramid.

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A carbon credit represents a ton of CO2 either not emitted (avoided emissions) or removed from the atmosphere (carbon capture).

 

Carbon credits usually fall into one of two categories:

  • nature-based (that uses natural solutions to pull carbon out of the atmospheric pool)

  • or tech-based (that uses human-bult technologies to pull carbon out of the atmospheric pool)

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Carbon credits are key to scaling up the industrial hemp sector.

Carbon credits entitle players to reduce production costs and access green finance. This allows hemp-based products to finally become competitive with oil and chemical alternatives.

In this open-access deck, you will find everything one needs to know concerning the intersection between industrial hemp and carbon credits.

Carbon credit certification

PROJECT: An end-product life cycle analysis (LCA) must be finalised, together with a justification of its co-benefits and the absence of any negative impact on the environment.

CERTIFICATION: Credits are issued by Carbon Standards based on emission measurement methodologies. Each Standard has its corpus covering different types of carbon-negative endeavors or projects that reduce greenhouse gas emissions.

AUDIT: The projects are then audited by a third party to check that all the data and calculations are accurate.

GENERATION: Once all the above stages have been completed, the credits are issued and made available on the voluntary carbon market (VCM).

Hemp growers and co-ops adopting regeneration agriculture practices get the majority of the share of the soil carbon credits.


Hemp biomass is then transformed (as biochar or insulation/construction material) and above-ground credits can be generated which go primarily to the manufacturers.


End-users of manufactured hemp products may also finally claim avoidance credits (a promoter using hempcrete instead of cement for ex.).

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Services pour la fillière du chanvre industriel

Augur Associates’ sustainable division, Augur Hemp, specialises in supporting the hemp sector by generating carbon credits for long-term CO2 sequestration hemp-derived products. Augur offers carbon credit (CC) project management covers: 

  • Management of project certification (which usually takes up to 4 months, third-party audit included). After this, credits are issued and can be sold on the market. 

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  • Support reaching carbon credit buyers and/or negotiating resale and offtake agreements. 
     

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  • Strategic Planning Production of product 

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  • Life Cycle Assessments, which are often needed for certification. 

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  • Fundraising, strategic and logistical for projects starting or scaling up.
     

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Augur Associates researches, screens, builds and helps high-integrity carbon projects for buyers looking for robust credits that bring forward many environmental and social co-benefits

For buyers

Augur Associates researches, screens, builds and helps high-integrity carbon projects for buyers looking for robust credits that bring forward many environmental and social co-benefits

HOW CAN AUGUR’S CARBON CREDITS SUPPORT YOUR BUSINESS?

Augur Associates’ credits have several characteristics that make them the most robust options on the market right now: 

 

●    High permanence (100+ years for the vast majority). 

●    High reliability (no risk of carbon capture reversal unlike REDD+ and ARR credits). 

●    A reasonable price compared to other tech-based solution that provides the same safety (DACCs credits are routinely sold at 1 1000 € and beyond on the market today). 

●    High scalability (the local market is the limit, exponential hemp uses...). 

●    High number of co-benefits. 

●    Local production and distribution allow for the reduction of biomass and end-product transportation while supporting local employment.

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Julien COMPAIN
 Hemp Distribution Manager
Vieille Matériaux

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"Thank you to Augur for the support and follow-up. The team was able to guide us, with patience and understanding, through the complex procedures involved in obtaining certification for our credits. We have high hopes for this collaboration."

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