Exomad Green has successfully completed a rigorous third-party certification process under the Puro.earth Biochar methodology. Puro.earth, recognised as the world’s leading carbon crediting platform for engineered carbon removal, will validate Exomad Green’s carbon dioxide removal (CDR) credits. Anticipating the achievement of peak operational capacity within the next ten months, the company expects to capture and store up to 200,000 tons of CO2 annually.
With the inauguration of its first biochar facility, Exomad Green is on track to establish itself as one of the world’s premier biochar producers, boasting a monthly production rate exceeding 2,000 tons. Concurrently, the construction of the second and third facilities is underway in the northern and northeastern regions of the country. Collectively, these three facilities will generate over 100,000 tons of biochar annually, effectively covering all major residue production areas and fulfilling Bolivia’s agricultural requirements with a valuable, organic, and high-quality soil amendment.
Exomad Green’s innovative approach revolves around the collection and utilisation of biomass residues from the sustainable forestry sector. By repurposing materials that would otherwise be incinerated, Exomad Green not only averts the release of substantial CO2 volumes but also mitigates health risks and fire hazards.
This endeavour holds the promise of significant advantages for the local communities, particularly in Concepción and its surroundings, including improved air quality for more than 250,000 individuals and enhanced crop yields through the distribution of free biochar. Biochar has the capacity to lock carbon away in the soil for thousands of years.
Puro.earth introduced the first carbon removal crediting methodology for biochar to the market in 2019 and has been instrumental in supporting the recent boom in supply of CO2 Removal Certificates (CORCs) issued for biochar.
“Our project’s ripple effects are far-reaching. Beyond carbon sequestration, we are addressing pressing community concerns, from health to fire risks. By freely distributing biochar to municipalities, we’re aiding indigenous communities, enhancing farm yields, ensuring food safety, and reducing deforestation,” said Diego Justiniano, CEO of Exomad Green.
Antti Vihavainen, CEO of Puro.earth, adds, “The ambition to generate high volume of negative emissions and commitment to generating social impact, as well as environmental impact, is what really stands out in this project. We have long since recognised the potential in biochar for durable carbon removal, and we are thrilled to see that certified carbon credits enable fully additional and large-scale production of biochar.”
This move promises to improve air quality for over 250,000 individuals in three key areas across Bolivia.