Regenerative agriculture fields at golden hour
Ag and farming initiative, with the University of Michigan

Turning regenerative agriculture into financial capital

The University of Michigan, Triangle and LimnoTech, with funding from the Great Lakes Protection Fund and the Foundation for Food and Agriculture Research, are delivering regenerative agriculture and blended finance for American farmers.

The opportunity

Nature and biodiversity are critical contributors to the economy

$35T
of economic value depends on nature
World Economic Forum
$8T
financial cost of nature loss by 2050
WWF
63.0%
of capital expected to comply with climate reporting
University of Michigan data
$1B
carbon credits minted
Triangle, Q1 2026

Farmers and agricultural cooperatives have a new way to generate revenue, reduce borrowing costs and create income streams that raise profitability while improving resilience. As global markets evolve, agriculture sits at the centre of the next major asset class.

University of Michigan and Triangle analysis

78.7% of capital in global equity and bond markets needs to comply with IFRS reporting requirements. That creates an economic incentive for farmers to adopt regenerative practices, to reach the lowest borrowing costs possible and keep selling their products all over the world.

The partnership enables regenerative solutions for the entire agricultural value chain, farmers, cooperatives, elevators, shippers, processors and manufacturers, to measure and manage sustainability while creating environmental credits for carbon, water and biodiversity that add value and increase resilience.

Great Lakes region aerial view, agricultural land meeting the water
The platform

Blended finance with the Carbon Warrant

SCALABLE ASSET-BACKED INSTRUMENTS

Aggregation, nesting and repackaging into bonds and ABS while maintaining traceability to every farm.

INTEGRATED CREDIT DE-RISKING

Regulated and pre-rated carbon credits combined within blended structures to reduce risk.

REAL-TIME MONITORING AND VERIFICATION

D-MRV systems, IoT, digital twins and distributed ledgers, for continuous KPI tracking and third-party audit.

SMART ESCROW AND PAYMENT

Dynamic-rate smart contract functionality for streamlined, conditional disbursements.

AMERICAN FARMERS

Practices

No-till, cover crops, biologicals, methane capture, forestry. Existing data, verified at source.

CARBON CREDITS

Minted and verified

Each credit a regulated asset with its methodology, verification and serial attached. Carbon, water and biodiversity.

CAPITAL MARKETS

Bonds, loans, ESG portfolios

Aggregated credits enter bonds, loans and ESG portfolios. Lower borrowing costs flow back to the farm.

FORTUNE 500 COMPANIES

Scope 3 and ESG compliance

CPGs, processors and financial institutions buy verified credits to meet mandatory reporting. The loop closes at the farm.

The market flow cycle: from soil to capital, whatever the farm size or crop.

Sustainable practices

Four ways the land pays

NO-TILL, COVER CROP AND BIOLOGICALS

Improve soil health, reduce input costs, increase yield and create environmental credits. Biologicals with no-till cover crop sequester 3 to 7 tonnes of carbon per acre.

LIVESTOCK AND METHANE

Convert manure into renewable natural gas and create environmental credits. Brown is the new gold: methane capture turns waste into a revenue stream.

GRAIN SILOS AND FOOD WASTE

Spoilage and waste create carbon. Triangle partners use operating data to monitor and mint credits for reduced-waste activity.

FORESTRY AND LAND CARBON

Your land is worth more than you think. With a shapefile of the property, Triangle can remotely verify sequestration potential and create credits.

Why the Carbon Warrant

Six ways it benefits your farm

Regenerative practices you may already use can be converted into verified, tradeable carbon credits: new income, lower costs and access to premium markets, without disrupting the operation. The Carbon Warrant closes the loop: farmers pledge future credit revenue as collateral, and capital markets reward that with lower borrowing costs.

NEW REVENUE STREAM

$30 to $100 per metric ton

Direct cash payments on top of crop revenue. A 10,000-acre corn operation can add $300K to $1M or more a year without changing its core business.

LOWER BORROWING COSTS

Reduced interest via the Carbon Warrant

Pledge future credit revenue as collateral, reduce loan interest and free working capital for equipment and inputs.

MULTIPLE CREDIT TYPES

Carbon, water and biodiversity

Regenerative practices open three credit markets at once. Water-quality co-benefits from cover crops and reduced runoff generate credits on top of sequestration.

USES EXISTING DATA

No new record-keeping

The platform works from your existing Schedule F and standard farm records. No new sensors, no costly audits: your documentation, turned into verified credits.

LONG-TERM INCOME STABILITY

Multi-year credit contracts

Predictable, multi-year income commitments: a hedge against commodity price swings and weather-driven revenue shocks.

ACCESS TO PREMIUM MARKETS

CPG and corporate buyers ready

Direct connection to Fortune 500 CPGs, food processors and financial institutions with mandatory Scope 3 reporting, the highest-value buyers in the market.

01

Register

Initial assessment and farm profile. Add user information and a farm summary to establish the baseline. Under ten minutes.

02

See regenerative solutions

Review the solutions that fit the operation. Add bank and off-taker information.

03

Enter Schedule F and field data

Load Schedule F and parcel identifiers, choose the solutions, and begin carbon farming.

04

Validate and finance

Share the program with your bank for financing and Carbon Warrant issuance. Credits are custodied at your bank.

Farm economics

Same data, more money

Using your existing Schedule F and the regenerative solutions that fit the farm, Triangle baselines the operation, connects solutions that add value, and creates fungible commodities that can be monetised. Adjust the inputs; every figure below recomputes.

Base net revenue
Loan borrowing benefit
Carbon credit benefit
Insurance benefit
Total uplift
Baseline versus Regen Ag, annual
MetricBaselineRegen Ag
Ten-year proforma: baseline versus Regen Ag with the Carbon Warrant
Left axis: annual net revenue. Right axis: cumulative net return, ten-year running total. Carbon price schedule: $30 (2026 to 2027), $45 (2028 to 2029), $60 (2030 to 2031), $75 (2032 to 2035).
YearCarbon priceBaseline netRegen Ag netCumulative baselineCumulative Regen Ag

Sources: S&P carbon estimates, 2025 $395 per tonne, 2030 $907, 2040 $2,000, 2050 $3,200. Inset and offset price forecast: $30 (2026 to 2027), $45 (2028 to 2029), $60 (2030 to 2031), $75 (2032 to 2035). Biologicals with no-till cover crop sequester 3 to 7 tonnes of carbon per acre. Insurance reduction reflects the improved risk profile of regenerative practices. Market prices are estimates; enter your own.

Strategic partnerships

Built on academic rigor and environmental stewardship

Partnerships with leading academic and environmental institutions provide the scientific foundation, data credibility and stakeholder trust that set the platform apart. In the Great Lakes region, water co-benefit credits protect watershed health while generating new revenue for farmers.

University of Michigan
ACADEMIC RESEARCH PARTNER

University of Michigan

Provides the capital-market research that underpins Triangle's blended finance models and the demand case for credit infrastructure across agricultural fixed income.

  • Capital market compliance data
  • Co-development of the blended finance solution with the Carbon Warrant
  • Academic validation of the Tower of Benefits framework
  • Research support for ag fixed income analysis
Great Lakes Protection Fund
WATER AND ECOSYSTEM PARTNER

Great Lakes Protection Fund

Deep expertise in watershed health and water quality for the co-benefit credit framework. GLPF's mission to protect and restore the Great Lakes aligns with water co-benefit credits that quantify improvements in water quality from regenerative practice.

  • Water quality co-benefit credit validation
  • Watershed data and monitoring
  • Ecosystem health metrics for biodiversity credits
  • Stakeholder engagement across the basin
AGRICULTURAL RESEARCH PARTNER

Foundation for Food and Agriculture Research

Accelerates the science behind the practices that generate carbon and co-benefit credits. FFAR's research into no-till cover crops, biologicals and soil health informs the methodology Triangle uses to quantify sequestration, the scientific backbone of every credit minted.

  • Practice research and validation
  • No-till cover crop and biological methodology support
  • Soil carbon sequestration science
  • Food system research informing Scope 3 reporting
PLATFORM AND TECHNOLOGY PARTNER

Triangle Digital

The D-MRV platform, blended finance structuring and minting infrastructure that tie the partnership together. The aggregation engine packages farm credits into regulated assets sized for capital markets.

  • D-MRV platform: IoT, digital twins, ledger verification
  • Carbon Warrant design and issuance
  • Blended finance structuring and ABS packaging
  • Onboarding, Schedule F integration and credit brokerage
WATER SCIENCE AND ENGINEERING PARTNER

LimnoTech

A leading water and environmental engineering firm in Ann Arbor. Water quality modelling, Great Lakes hydrology and environmental data science support the co-benefit methodology and the monitoring that verifies nutrient reduction and watershed improvement.

  • Water quality modelling and hydrology
  • Data science for co-benefit verification
  • Nutrient reduction monitoring
  • Technical support for the water credit methodology
MOMENTUM

Proving the model at scale

Award-winning innovation and institutional partnerships.

  • Environmental Finance 2025: Innovation of the Year in Carbon Markets for the carbon and co-benefit credit scaffolding platform.
  • COP30 winner: Brazil Central Bank Blended Finance Competition, for introducing the Carbon Warrant for a loan or bond instrument, selected from global entries.
The ledger

Schedule F in, IFRS and ISSB reporting out

The Triangle Carbon Ledger takes the farm's Schedule F and field data, baselines the operation, tracks the practices, and produces the reporting a bank, a buyer and an auditor each need, from the same record.

  • Baseline and practice tracking per parcel
  • One record for the bank, the buyer and the auditor
Triangle Carbon Ledger: Schedule F and IFRS/ISSB reporting
Get involved

Ready to turn your farm into a carbon asset?

Farmer, aggregator, financial institution or research partner: the platform provides the infrastructure to take part in the carbon economy. Register and the team will baseline your operation at no cost.

WHY RESILIENCE MATTERS

Liquidity is a farm's first defense against financial stress. Strong liquidity increases flexibility, helps farms withstand political, market and environmental shocks, and positions them to expand acreage and improve productivity.

WHAT THE PROGRAM DOES
  • Improve yield while reducing input costs
  • Mint environmental credits custodied at your bank as collateral
  • Link data to loans for reduced borrowing costs
  • Link data to insurance to understand risk coverage
  • Broker credit sales when ready; Triangle transfers funds directly

Agriculture team: ag@triangle.digital

Ecosystem

A broader partner network

The platform is supported by a growing ecosystem of financial, technology and institutional partners across the carbon market.

GreenStone Farm Credit ServicesStar of the WestAccentureAWSFarmer MacFirst Interstate BankBDOMastercardAmerican Conservation CoalitionFarmers EdgeCentaurPerennialInterWork AllianceLimnoTechLow Carbon TechnologiesSelect SiresBiolands
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