Problem

There are a few centralized methodologies that exist for creating credits, however few regenerative projects have the financial resources to implement or comply with them. If they do, the third parties that provide these MRV methods utilize them infrequently with little or no personal connection to the area they are monitoring. With the MRV methods currently utilized there are gaps in information, and the data backing these projects can vary significantly in precision, magnitude, and quality. Through centralization, projects are siloed and left to stand on their own. Meanwhile, overly high transaction costs to utilize existing MRV methodologies limits participation from the many decentralized projects doing regenerative action (ie. soil carbon). Without proof that they have been able to complete accreditation through the methodologies, these projects find it difficult for funders to provide them with capital. This especially impacts marginalized communities. Without coordination and cooperation with MRV, it will be difficult for regenerative projects to scale.

Last updated