Carbonfuture And Octavia Carbon To Deploy World’s First Digital MRV For DAC

Carbonfuture And Octavia Carbon To Deploy World’s First Digital MRV For DAC - Carbon Herald

Leading carbon removal provider Carbonfuture is teaming up with Octavia Carbon, the Global South’s first Direct Air Capture (DAC) company, to implement a breakthrough digital Monitoring, Reporting, and Verification (dMRV) system for DAC. 

The event is a crucial milestone for the carbon removal industry at large, as it marks the world’s first instance of implementing dMRV for DAC technology. 

As a result of this partnership, carbon removal via DAC will gain an additional layer of transparency and reliability thanks to real-time data tracking across the entire carbon removal process, from capture to storage.

Carbonfuture will provide its unique expertise in collecting and processing the data via its MRV+ system from Octavia Carbon’s DAC+Storage facility, Project Hummingbird, in the Kenyan Rift Valley.

The novel dMRV is paired with IoT technology for unparalleled accuracy in tracking CO2 movements.

Relevant: Carbonfuture, Puro.earth, Pyreg & SYNCRAFT To Boost Transparency In CDR

In a comment on the new partnership, Hannes Junginger, PhD, CEO & co-founder of Carbonfuture, told the Carbon Herald: “We are expanding our Carbonfuture MRV+ services to include additional CDR technologies. Our collaboration with Octavia Carbon is especially noteworthy for two reasons. This is the first independent digital Monitoring, Reporting and Verification (dMRV) designed for direct air capture (DAC) and Octavia Carbon is the first DAC company in the Global South to implement independent dMRV.”

“It’s also worth noting that Kenya presents an ideal setting for deploying these technologies, thanks to its renewable energy resources, ample storage capacity, and young workforce.”

“What we are implementing here with [Octavia] is a digital monitoring, reporting and verification system that is integrated with IoT technology at their facilities, which is new for the market and provides an additional layer of transparency and efficiency,” Junginer said. 

Read more: Octavia Carbon Announces Carbon Credit Pre-Purchase Of 950 Tons By Klimate.co

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