Today, carbon removal specialist Climeworks and CO2 storage expert Carbfix announced their unique full-chain certification methodology for direct air capture and underground mineralization storage (DAC+S) has been validated by DNV.
The new certification methodology is the fist of its kind and is designed to outline the strict standards by which third parties can verify the CO2 removal and storage measurements of Climeworks and Carbfix, respectively.
With the help of the novel methodology, both companies hope to advance the scale-up and standardization of meaningful climate action and the permanent removal of carbon dioxide from the atmosphere.
DNV has worked closely with Climeworks and Carbfix to develop the certification methodology to enable the delivery of certified carbon dioxide removal (CDR) with a high level of environmental integrity.
Furthermore, a set of robust evaluation criteria is necessary to provide regulation of the carbon market and ensure that it is better understood.
In turn, DNV, the world’s largest classification society and international expert in risk management and assurance, conducted an onsite audit, which included thorough site inspection, staff interviews, etc., following advisory work on the principles of developing a methodology.
Upon finishing with the audit, DNV issued its verdict for the companies’ DAC and storage technologies.
Namely, both reporting and measurement were found to be done accurately, and the monitoring procedure was deemed strict and transparent to ensure that any release of CO2 can be detected in a timely manner.
Climeworks is making the validated methodologies the subject of public discussion, as the Swiss company welcomes the opinions and comments of industry experts that can be submitted directly via email.