Zurich-based carbon removal company Tivano has successfully issued its first CO2 removal certificates (CORCs) from the largest terrestrial storage of biomass operations in Africa.
The CORCs come from the company’s Dragonfly project, active in the area surrounding the city of Otjiwarongo in Namibia, Southern Africa.
This global region is currently facing a crisis of bush encroachment that threatens natural ecosystems, posing a growing problem that dries out plant species.
Tivano is tackling this issue by eliminating the unwanted, invasive bush species through selective harvesting and storing it underground with the method of terrestrial storage of biomass.
The Dragonfly project has now issued over 1000 CORCs following the Puro Standard Terrestrial Storage of Biomass methodology—an innovative approach to storing CO2 for 100+ years. The CORCs are available to buyers interested in high-integrity carbon dioxide removal (CDR).
The area around the city of Otjiwarongo in Namibia is heavily impacted by the problem of bush encroachment—an increase in density and area coverage of bushes that slowly overtake existing vegetation.
In this region, the Dragonfly project has managed to restore 120 hectares of land from the bush invasion, covering a territory that roughly matches the size of 170 football fields, where the vegetation has been drying out due to the invasive species.
By embarking on this initiative, Tivano found a way to turn a serious environmental issue into a powerful climate action asset that removes atmospheric carbon dioxide and delivers additional social and eco improvements.
Relevant: Carbonsate Marks First Credit Issuance From Its Puro.earth-Certified Biomass Storage Project
The applied methodology for terrestrial storage of biomass enables long-term CO2 storage by preventing the decomposition of selectively sourced biomass, with a durability of at least 100 years under rigorous verification requirements.
Beyond the durable CDR results, the project also delivered other meaningful co-benefits, including wildlife habitat restoration and improvements in the groundwater and savanna hydrology.
Additionally, Tivano shares that project Dragonfly has enhanced the income opportunities for the farmers located in this part of Namibia, opening 15 new job positions that support the local community.
Read more: Carbon Business Council Launches A Direct Storage Of Biomass Coalition
