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Rigorous and fast monitoring, reporting and verification (MRV) is critical to scaling carbon dioxide removal (CDR). Today, verifying removals with traditional registries is manual and slow, reliant on confusing spreadsheets and lengthy PDFs. This introduces inefficiency and means many CDR projects can only issue credits on an annual basis.
That’s why Isometric has introduced a digital MRV (dMRV) platform that creates a standardized way for suppliers to provide all required data and evidence to Isometric for verification. Suppliers can submit, edit and conduct quality control and assurance on their data.
Moving from manual data entry to an automated, machine-learning based approach to verification is a key step in modernizing how carbon markets work and drastically reduces the time from submission of data to crediting—from months to days. Issuing credits this fast means suppliers can recognize revenue monthly, not once a year. This frees up critical cashflow to scale CDR operations, rather than forcing suppliers to have huge amounts of potential revenue locked away for up to a year.
To help suppliers understand what fast and rigorous verification through the dMRV platform could do for their cashflow, we built the Isometric Revenue Calculator. The calculator (and the detailed model that powers it) can help you understand just how much you can save in financing costs with monthly credit issuance. You can customize your results by adjusting your deliveries, price per tonne and the cost of your financing to understand potential savings.
Take a look and find out what monthly verification could do for your business. If you want to see whether your project is eligible for monthly verification and unlock the more powerful model behind this tool, get in touch with the team.
