{"id":1099,"date":"2021-09-27T09:00:10","date_gmt":"2021-09-27T08:00:10","guid":{"rendered":"https:\/\/dovu.earth\/?p=1099"},"modified":"2021-11-26T13:11:40","modified_gmt":"2021-11-26T12:11:40","slug":"discover-dovus-carbon-audit-trail","status":"publish","type":"post","link":"https:\/\/dovu.earth\/en\/discover-dovus-carbon-audit-trail\/","title":{"rendered":"Discover DOVU\u2019s Carbon Audit Trail"},"content":{"rendered":"

Today feels like the perfect day to introduce the DOVU Carbon Audit Trail. <\/span>
\n<\/span>For us, it\u2019s an essential and vital pillar that supports our soil carbon capture mission. It\u2019s not a nice-to-have. It\u2019s a must-have. In this blogpost, we set out what is, how it works and why it matters.\u00a0<\/span><\/p>\n

Let\u2019s start at the beginning<\/b><\/h3>\n

We\u2019re building a marketplace that supports carbon capture across the planet.\u00a0<\/span><\/p>\n

But it\u2019s important that we do it in a way that delivers confidence, clarity and certainty.<\/span><\/p>\n

It\u2019s why we use impartial soil scientists to calculate the data and distributed ledger technology, Hedera Hashgraph, to verify its authenticity.<\/span><\/p>\n

With the minting capabilities in place and the imminent launch of the carbon market, we\u2019d like to walk you through our next major focus: the carbon audit trail.<\/span><\/p>\n

Before we dive into the details of what the audit trail is, it seems eminently sensible to provide some context.<\/span><\/p>\n

Carbon calculations<\/b><\/h2>\n

Carbon calculation is a complicated process. It includes working with multiple actors and adhering to a strict scientific process. It involves establishing a carbon baseline and then using the latest scientific technology to model farming improvements.<\/span><\/p>\n

The overarching framework that dictates how carbon calculations are conducted is called the policy. This is a scientific process recognised by universities or other scientific bodies. It dictates the requirements, calculations, measurements, units and practices for any carbon calculation.<\/span>For our initial batch of UK farms, DOVU currently applies <\/span>AgreCalc<\/span><\/a>\u2019s policy.<\/span>
\n<\/span>
\n<\/span>Third-party verifiers and auditors then conduct full audits of farms in adherence to the policy. They provide the baseline number of CO2 tonnes being sequestered, and recommendations to improve on-site farming practices.\u00a0<\/span><\/p>\n

Here\u2019s a quick summary of the carbon calculation process:<\/strong><\/h4>\n
    \n
  1. Farmers register interest in starting a project, and provide documentation and certifications such as:<\/li>\n<\/ol>\n