· 2 min read
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)
Click for more news covering the latest on carbon