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Sunday / December 22. 2024
HomeFinanceBayer Trendlines Ag Innovation Fund co-invests with Trendlines Group in TierraSpec

Bayer Trendlines Ag Innovation Fund co-invests with Trendlines Group in TierraSpec

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TierraSpec will revolutionise the measurement and validation of carbon sequestration in agricultural soils

The Bayer Trendlines Ag Innovation Fund, set up by Bayer CropScience LP (Bayer) and The Trendlines Group Limited, announced the establishment of TierraSpec Limited, a new company focused on real-time remote measurement and validation of carbon sequestration in agricultural soil to allow the issue of carbon credits and soil health monitoring.

TierraSpec is developing a platform for measuring and validating carbon sequestration in agricultural soils using remote sensing, employing unique testing methods and advanced machine learning modelling. The platform will be a cost-effective tool for the validation of carbon sequestration that will allow reporting to carbon registries for issuance and sale of carbon credits.

Trendlines Agrifood Fund CEO, Nitza Kardish, PhD commented, “We believe TierraSpec will revolutionise the measurement and validation of carbon sequestration in agricultural soils. Enabling farmers to accurately report on the carbon content in their fields will give them access to the carbon credit markets and encourage a widespread move to more sustainable agricultural practices.”   

“Scalable soil measurement, reporting, and verification will be crucial in the development of a model-based soil organic carbon estimation,” said Johan Botterman, PhD, from the Open Innovation and Strategic Partnerships team for Bayer CropScience.

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