Today, Boomitra announced that it has sold and delivered 2.6 million soil carbon credits to corporate buyers, generated through its project in Northern Mexico. 

The credits came from the company’s grassland restoration operations in this region, and the sale of carbon credits brings revenue to the local ranchers partnering with Boomitra. Back in February, Verra approved for issuance 3.03 million credits from this project, and Boomitra has since delivered the majority of that volume to end buyers. 

Each one of the issued credits represents one metric tonne of CO2 equivalent removed through increased soil carbon storage. The announced transactions represent completed purchases of verified and issued carbon credits rather than commitments to future deliveries.

“These transactions represent a major milestone for soil carbon removal. This is the largest delivery of soil carbon credits to date,” said Boomitra Founder and CEO Aadith Moorthy. 

“These 2.6 million credits are  already in multiple buyers’ accounts, and payments are reaching ranchers who have spent years restoring  their grasslands. Those sales give ranchers income they can reinvest in the land,” Moorthy added. 

Boomitra’s  Northern Mexico Grassland Restoration Project is cooperating with a network of over 600 ranchers, active on a territory of approximately 4.8 million acres in the Chihuahuan and  Sonoran desert regions. Local project participants include private ranchers, as well as ejidos, which are community-owned agricultural lands.

As part of the project, Boomitra’s team supports ranchers in the adoption of practices such as rotational grazing, moving cattle between paddocks to promote vegetation recovery, and water-conservation measures suited to the region’s dry climate.

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