Introducing Cula Technologies
The voluntary carbon market is an essential mechanism in our efforts to fight climate change, yet it has faced significant public scrutiny, reflecting legitimate concerns about the quality and effectiveness of carbon credits.
We learned from the voluntary carbon markets that without proper independent Monitoring, Reporting & Verification (MRV) technologies, outcomes can be significantly less impactful than anticipated or fraudulent. Adopting a digital MRV infrastructure is crucial, as it is the sole approach that ensures increased accuracy in monitoring and offers the necessary scalability for the carbon removal market to address urgent environmental challenges efficiently.
At its core, MRV is about trust—trust in the promised impact and integrity of carbon removal projects. Currently, this trust is anchored predominantly in good faith, rather than being grounded in empirical data.
We believe this has to change. We believe in data—quantifiable and verifiable data. Data that ensures that one ton of promised carbon removal equals one ton of carbon removal.
More data means less risk, hence the impact is greater. Better said, the impact equals what was promised. Identifying the most impactful projects means we can direct more funding towards projects with the greatest results and thereby increase our chances of keeping global temperature increases within 1.5°C.
Our vision: 100% data-based carbon removal
Transitioning to 100% data-driven carbon removal starts with data collection. Present MRV systems rely heavily on manual data entry, creating opportunities for human error or manipulation. As of today, the majority of the market still runs on manually compiled Excel files sent by mail. We need to increase sensor data inputs and automated data streams.
To maximize impact, our initial focus is on biochar, as it accounts for over 90% of long-term carbon sequestration. In this market, we facilitated the use of encrypted, unalterable machine data directly from the reactors to distinguish the quality of carbon removal. Not all biochar is created equally. By monitoring the process in real-time, we can assess the quality and durability of carbon removal through biochar.
We strive to base the entire carbon removal process, from initial capture to permanent storage, solely on sensor and machine data, eliminating the reliance on potentially fraudulent manual data. This is our commitment to improving the CDR space and assisting buyers with identifying the most impactful projects.
Having the most extensive carbon removal data is one aspect; sharing it with the world is another. We are here to change the current meaning of transparency, a commonly cited yet seldom implemented concept in MRV.
We define transparency in two ways. First, all data collected must be publicly available. Second, this data should be presented in a manner accessible to both newcomers and experts in carbon removal. On our platform, the difference between effective and ineffective carbon removal methods is apparent to all.
Building on this commitment to transparency, we are set to release our Cula Carbon Hub in Q1 2024. This will represent the most extensive and transparent data collection in all of carbon removal.
Cula
Our job is data—verifiable trust.