Chloris Geospatial Inc. – a space technology company using Earth Observation data and machine learning to produce natural capital data and insights, and Trove Research Ltd. – the leading source of data and intelligence on corporate climate commitments and the voluntary carbon market (VCM), are announcing their partnership to bring more transparency to carbon markets and the assessment of the climate integrity of forest carbon projects.
Relevant: Trove Research To Host Quarterly Webinar On The Voluntary Carbon Market On July 20th
Trove will leverage Chloris’ cutting-edge and market-leading technology for wall-to-wall, direct measurement of above-ground biomass dynamics to power its market-wide integrity assessment solution for over 550 REDD+, ARR and IFM projects in the voluntary carbon market. The partnership will result in the most comprehensive coverage of the emissions impact integrity and transparency of all forest carbon projects in the VCM, anchored in market-leading science for measurement of forest carbon dynamics over time from space.
“We are very excited to be partnering with Chloris, the leading provider of biomass dynamics… Chloris’ global data aligns with our approach to assessing integrity in a comprehensive and consistent way across the whole of the voluntary carbon market. In combination with our extensive in-house datasets and deep market knowledge, this partnership further strengthens the depth and quality of our project-level integrity assessment,” said Trove’s Head of Carbon Project Integrity Tristan Loffler.
Relevant: Carbon Offset Data Platform Treefera Closes $2.2 Million Pre-Seed Round
“We are delighted that Trove has chosen our platform and data product for their assessment,” said Chloris Co-Founder and CEO Marco Albani. “Our mission is not just to create high-quality natural capital insights with earth observation, but to deliver them where they can drive investments to effective climate action.”