HomeDESG NewsDevvStream Partners with a Soil Restoration Tech VRM Biologik

DevvStream Partners with a Soil Restoration Tech VRM Biologik

DevvStream, a leading carbon credit investment firm specializing in technology solutions, entered into an exclusive carbon credits management deal with VRM Biologik. 

VRM Biologik is a soil restoration tech firm whose proprietary products regenerate farmlands by stimulating Biological Hydrosynthesis — a natural reaction that captures carbon and creates additional water.

About 33% of the world’s soils are already degraded, and at the current rate of depletion, the world’s topsoil can be gone within 60 years.

Regenerative agriculture tech and practices like that of VRM Biologik can improve soil health dramatically, providing not only environmental and human health benefits but also sequestering carbon from the air. Its adoption can capture and store up to 250 million metric tons of CO2 in the U.S. alone each year (5% of the country’s emissions). 

Under the agreement, DevvStream gets exclusive rights and title to carbon credits from projects developed by VRM Biologik. The company will also serve as carbon credit manager for those projects. 

DevvStream’s CEO remarked that:

“This partnership provides DevvStream with the ability to generate high-quality, verifiable carbon credits from a variety of projects in the agricultural space, including large-scale, land-based opportunities we’re currently pursuing in North and South America.”

Read full news release here.

Most Popular
LATEST CARBON NEWS

Humanity is on Thin Ice Says UN Climate Report

The UN Intergovernmental Panel on Climate Change (IPCC) released its 6th Assessment Report with a key message that the planet is running out of...

Will Big Oil Be Forced to Pay for Climate Damages

The U.S. Department of Justice sided with Colorado's local governments, which is the most recent case of a growing wave of governments pushing for...

The EU Net-Zero Industry Act Explained

The European Commission (EC) proposed the Net-Zero Industry Act to ramp up manufacturing of clean technologies in the EU and make the bloc prepared...

Carbon Credits from Efficient Railways

EKI Energy Services Ltd. (EKI) has made a deal to provide consultancy service contracts for the carbon credits project of Kochi Metro Rail Limited...
CARBON INVESTOR EDUCATION

What are Renewable Energy Credits vs. Carbon Credits

Also known as green tag, the use of renewable energy credits (RECs) have been on the rise as entities are looking for ways to...

Wood Vault: a Carbon Storage System to lock CO2 away

Removing carbon dioxide through dead trees and storing it for thousands of years underground is a mission that seems to attract nobody. But a...

How Do Carbon Offsetting Projects Work?

All companies will have to take responsibility for their carbon footprint and carbon offsetting projects are becoming their strong ally.  A business may have already...

Inside Carbon Markets: Problems, Causes, and Potential Solutions

The recent scandals in the carbon markets show that just like other markets with contested reputations, rules are needed that go beyond certification. There should...