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Carbon Finance

White Paper: Technology and MRV in Forest Carbon Finance

Carbon credits have emerged as a powerful tool to fund forest conservation and restoration, with more than 150 million forestry credits issued in 2021 and in excess of $500 million in revenue generated by these projects just this year. The backbone of this funding mechanism is a system of monitoring, reporting, and verification (MRV) that seeks to precisely quantify, measure, and monitor carbon sequestered and stored by these projects.  This report will examine the challenges and opportunities in the existing MRV landscape and highlight technologies, technology providers, and market leaders who are working to increase efficiency and rigor in the MRV process.

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