Nori and Granular Ag announce collaboration to enable farmers to get paid for sequestering CO2 in soils
Granular is a software tool that helps farmers plan out their growing practices. Things like what crops they're growing in which fields, how much fertilizer to purchase, when to water, etc. It's like a CRM for growers. Farmers enter all sorts of data about their farms into this tool so that they can better manage their farm.
That turns out to be really useful for Nori because in order for farmers to measure and get their carbon removal claims verified, they need...a lot of data. Right now we have two pilot projects underway with farmers from Granular who have been practicing regenerative techniques to restore the health and quality of their soil for many years now.
What we're building with Granular is a way for these farmers to easily upload the same data into Nori (while the farmers maintain ownership of the data) so that we can create Carbon Removal Certificates for them. Imagine you're a farmer who is doing regenerative agriculture on your farm, and you get told "Hey, there's a way for you to easily start getting paid extra money for the carbon that's being stored in your soil." You'd probably jump at the opportunity to get paid for something you're already doing. That's what this collaboration with Granular is making possible.
We're hard at work with these pilot projects to generate CRCs so that we have supply available when we launch in 2019. There's still much work to be done around how the data moves into the system, and how it gets verified by accredited verifiers, but this is an important step for us to making a viable carbon removal market possible.