Perspectives

Where we think the value of land is heading.

Working papers, models, and points of view from the TerraValue team — on natural capital, farm economics, and the markets we are building toward. Each one shows its data so you can argue with it.

Working paper 01September 30, 2026 · 12 min read

The Ecosystem Dividend

What if every acre paid its steward a recurring dividend for the clean water, carbon, and habitat it produces — funded by the people who benefit? A proposal, a model, and the numbers behind it.

Farm economicsWater qualityCarbonMarket design

Read the working paper →

6%

of an acre’s modeled public value is paid for today

$42/acre

annual dividend at prices already paid somewhere in the US

4.3×

more acres in stewardship by 2040 than today’s plateau

In research

In research

Farm water as infrastructure for the AI age

Data centres and farms are starting to draw on the same watersheds. What a shared, measured water ledger could look like — and who would pay for it.

Water quantityComputeResource allocation
In research

True cost accounting, one field at a time

FAO puts agrifood’s hidden costs above $10 trillion a year. What it would take to run that accounting at the level where decisions are actually made.

True cost accountingMethods

How we write these

Opinions with the working shown.

01

Show the data

Every figure links to its source. Reported numbers and projections are drawn differently.

02

Separate fact from design

Each assumption is tagged as published data, a derivation, or a design choice we are proposing.

03

Publish the model

Charts are computed live from the same tested model, so you can change an input and see what moves.

04

Invite the argument

These are positions, not conclusions. The fastest way to improve them is for someone to tell us where they are wrong.