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illuminem summarizes for you the essential news of the day. Read the full piece on Freethink or enjoy below:
🗞️ Driving the news: Boomitra, an ag-tech startup, is revolutionizing carbon credit measurement by using remote monitoring to track soil carbon
• This approach significantly reduces the complexity and cost of carbon offset processes for farmers
🔭 The context: Traditional methods for measuring and verifying carbon credits in soil are labor-intensive and costly
• Boomitra's solution leverages extensive soil sample databases and satellite imagery, cutting measurement costs by over 90% and making carbon finance accessible to farmers of all sizes
🌍 Why it matters for the planet: Boomitra’s technology focuses on removal carbon credits, which physically extract carbon from the atmosphere, offering a more trustworthy and effective solution compared to controversial "avoidance" credits”
⏭️ What's next: Boomitra aims to scale up its technology globally, supporting farmers with risk management and promoting precision agriculture
• This is part of a broader trend where data-driven approaches in agriculture are expected to grow, potentially transforming global food security and sustainability
💬 One quote: “At Boomitra, we believe carbon storage in soil is vital not only for the carbon markets, but also for climate resilience and achieving food security” (Aadith Moorthy, CEO of Boomitra)
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