Bangladesh Issues First Agroforestry Carbon Credits

Why this is here: The project expects to distribute hundreds of thousands of dollars in carbon revenue to participating smallholder farmers in Bangladesh starting in 2026.

Varaha ClimateAg and SAF Bangladesh issued over 60,000 carbon credits in Bangladesh. This marks the country’s first agroforestry credits under Verra’s Verified Carbon Standard. The project supports roughly 160 demonstration farms where smallholder farmers restore land and grow mangoes.

SAF Bangladesh designed the project, building on a model technically supported by 2030WRG. The initiative aimed to show that water-efficient mango plantations could benefit subsistence farmers. Project developers anticipate carbon revenue reaching farmers in 2026, with more payments expected with future sales.

The project currently focuses on a network of farms, but aims to expand to 30,000 hectares. It also aligns with Bangladesh’s goals for efficient land use and a stronger agricultural sector. The long-term success of scaling this model beyond the initial farms remains to be seen.