Key Takeaways:
- New Strategic Alliance: Biodel Ag partners with Carbon Asset Solutions Ltd to offer integrated carbon credit measurement and regenerative carbon programs.
- Targeted Initiatives: Initially focusing on 50,000 acres in the Western US, aiming for enhanced carbon sequestration and revenue generation through 2024.
- Technological Advancements: Utilization of CAS’s digital MRV platform for precise and rapid carbon level assessments in farmland.
- Economic and Environmental Benefits: The partnership anticipates generating higher value carbon credits, providing greater income per acre for landowners.
Introduction of Integrated Service Offering
Biodel Ag, Inc., a US-based carbon project developer specializing in regenerative agriculture, and Carbon Asset Solutions Ltd. (CAS), a leader in carbon registry and Measurement, Reporting, and Verification (MRV) services, today announced a strategic partnership. This collaboration is set to deliver precise carbon credit measurement and regenerative carbon programming as a cohesive service, enhancing both the accuracy and value of carbon credits generated from agricultural lands.
Details on Service Enhancement
Biodel’s Regenerative Carbon Program, leveraging CAS’s robust carbon credit measurement solutions, aims to streamline the process of carbon accumulation. This program is designed to increase the financial returns per acre by producing carbon credits that are more valuable due to their verified accuracy and the sustainable practices from which they are derived.
Executives’ Insight
Ben Cloud, CEO of Biodel, emphasized the importance of measurement accuracy in the carbon market:
“At Biodel, we view measurement accuracy as the most important factor in valuing carbon for the voluntary carbon market. Our collaboration with CAS achieves this objective by providing higher value credits that generate greater net revenue for the landowner.”
Robin Woodward, Director at CAS, detailed the technological aspects of the partnership:
“Using a digital MRV platform, our soil scanner assesses carbon levels in farmland more accurately and swiftly than traditional methods. We look forward to providing Biodel’s customers a more accurate carbon credit measurement process to meet their financial and carbon sequestration targets.”
Operational Goals and Prospects
The initial focus of the partnership will be on developing carbon projects across 50,000 acres of land in the Western United States throughout 2024. By integrating CAS’s advanced MRV technology, which includes a proprietary soil scanner, these projects will benefit from highly precise carbon data that can enhance the overall quality and marketability of the carbon credits produced.
Photo by Craig Cooper on Unsplash
