If you choose to leave the project, there are no penalties. However, it is important to notify us 30 days in advance. Keep in mind that if you leave, you will lose a portion of the carbon credits you have earned. This is because Verra, our carbon credit certifying partner, keeps a buffer pool of credits to protect against potential reversals.
We strive to minimise this buffer pool by signing long-term agreements with farmers, and not enrolling in short-term rental agreements. By signing a 20-year rental agreement, the risk of reversal is minimised, which in turn minimises the buffer pool percentage. It’s worth noting that the buffer pool is based on a risk assessment tool, and farmers with more red flags may have a higher percentage of the buffer pool.