What's Happening?
Perennial, a Boulder-based startup, has secured approval to use its VT0014 digital soil mapping tool in Verra’s Verified Carbon Standard program. This tool utilizes satellite data, machine learning, and historical data to create statistical models that reduce the need for soil sampling. The technology aims to expand access to carbon markets and sustainability programs, particularly in remote regions. Perennial's approach is seen as a cost-effective and scalable solution for measuring soil carbon, which is crucial for regenerative agriculture projects. The tool has been validated through rigorous testing with partners like Bayer, enhancing its credibility in the carbon market.
Why It's Important?
The approval of Perennial's digital soil mapping tool marks a significant advancement in soil carbon quantification, which is essential for climate finance and regenerative agriculture. By reducing the barriers to entry for carbon markets, this technology can facilitate more widespread adoption of sustainable practices. It offers a promising solution for regions with limited data availability, potentially transforming how soil health and carbon sequestration are measured globally. This development could lead to increased investment in regenerative agriculture, benefiting farmers and contributing to global efforts to combat climate change.