This partnership is a unique example of an ecosystem coming together to provide complete transparency – from standard-setting to credit issuance – building trust at every step of the carbon removal process.
Here’s what to know:
- The partnership aims to create a scalable and reliable digital infrastructure for CDR, essential for meeting the netzero goals of the Paris Agreement by scaling the industry to 10 Gt/year.
- The collaboration combines real-time Internet of Things data with the requirements from an established Standard and a digital MRV system. This enables businesses to confidently invest in CDR, while CDR suppliers benefit from real-time insights into their projects, enhancing the management and quality assurance of their projects.
- The partnership leverages the strengths of each organization involved. Puro.earth defines the data requirements to accurately assess the quality of the carbon removal project. Pyreg GmbH and SYNCRAFT then provide this essential data, such as pyrolysis temperature and water content of biochar. Carbonfuture gathers this data through its MRV+, providing it to suppliers for better delivery and inventory management, and to Puro.earth for certification and verification. Additionally, Carbonfuture markets verified CO2 Removal Certificates (CORCs) through its Marketplace.
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