Carbon Removal Newsroom Building the MRV Tech of the Future
Sep 26, 2023
This podcast discusses the challenges of verifying carbon dioxide removal in the carbon removal marketplace and the importance of creating trust. They explore topics such as durable carbon removal, automating carbon accounting, harmonizing standards, and improving carbon removal claims matchmaking. The speakers emphasize the need for accurate monitoring, promoting biodiversity, and environmental justice in carbon removal projects.
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Shift to Durable Carbon Removal
- Carbon offset markets are shrinking, making space for durable carbon removals.
- Durable carbon removals offer permanent carbon pools and better MRV, increasing trust.
Building Trust in Carbon Removal
- Building trust in carbon removal requires focusing on quality, transparency, innovation, impact, and collaboration.
- Incentive structures should discourage lowering quality for removals.
Transparency in Carbon Credits
- Establishing transparency in carbon removal credits is key, as they are intangible.
- A three-layered approach involving primary data, carbon translation, and monetization is crucial.