Boomitra has signed a landmark agreement with Restoration Climate and Ethereum Climate Platform (ECP) for a striking volume of 500,000 carbon credits, marking the largest-to-date soil carbon dioxide removal (CDR) deal on the market.
Over a period of five years, Boomitra will deliver the carbon credits from its grassland restoration project in Northern Mexico.
A 2023 Earthshot Prize winner, Boomitra is a globally positioned soil carbon removal developer that uses AI tools and remote sensing technology to measure and track the CDR impact of its operations.
With this set of tech assets, Boomitra lowers the costs of soil carbon measurement, leaving more project profits from carbon credits to be distributed to partnering farmers and ranchers.
Recently registered by Verra, Boomitra’s Northern Mexico Grassland project is the first AI-powered and remote sensing technology-reliant soil carbon initiative registered by the platform.
The initiative launched on 1.5 million acres of land and has since expanded to 4 million acres, collaborating with nine on-the-ground partners and a network of 139 ranchers.
Located on a territory across the Chihuahuan and Sonoran deserts, the project supports the implementation of regenerative grazing practices that restore the soil’s health and improve the land’s carbon-storing capacity, helping increase the local biodiversity.
By restoring the vitality of soils, these efforts improve the livelihoods of ranchers, who gain access to new income opportunities by getting involved in the project.
So far, Boomitra’s operations spanning four continents have successfully tackled 10 million tonnes of atmospheric CO2. Going forward, the company is confident that the Northern Mexico Grassland project will be able to remove over 25 million tons of CO2 over the next 20 years.
Relevant: Boomitra’s South America Grassland Restoration Project Achieves Verra Registration
Representatives from blockchain technology initiative ECP and commodities investment firm Restoration Climate recently visited the Northern Mexico Boomitra project, getting first-hand impressions of on-site activity.
Commenting on the visit, ECP Managing Director and President Bill Kentrup shared, “Talking with ranchers who have seen their land recover and their cattle thrive, I witnessed the real-world impact of this project.”
“What makes Boomitra’s work so powerful is how technology is transforming what’s possible—AI and satellite data are revolutionizing the way we measure soil carbon, making large-scale restoration more efficient and accessible,” he added.
