Uncategorized - Verst Carbon https://verst.earth African Sourced Carbon Credits Marketplace Thu, 23 May 2024 07:09:05 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.4 Verst Carbon pilots dMRV platform for Transparent Impact : Part 2 https://verst.earth/verst-carbon-pilots-dmrv-platform-for-transparent-impact-part-2/ Tue, 23 Apr 2024 09:39:58 +0000 https://verst.earth/?p=1992 Welcome back to the second instalment of our journey towards piloting our dRMV solution with Nyalore Impact! In today’s instalment, we invite […]

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Verst Carbon dMRV Platform

Welcome back to the second instalment of our journey towards piloting our dRMV solution with Nyalore Impact! In today’s instalment, we invite you to explore the technological heart of our collaboration—the development of a state-of-the-art digital Monitoring, Reporting, and Verification (dMRV) platform. This innovative solution lies at the core of our efforts to enhance the integrity, efficiency, and transparency of clean cooking initiatives, empowering us to drive measurable impact and foster trust among stakeholders.

The Catalyst for Innovation

Our partnership with Nyalore Impact was founded on a shared vision of leveraging technology to accelerate the adoption of clean cooking solutions and create lasting, positive change in communities. From the outset, we recognized the critical role that accurate, reliable, and transparent data would play in supporting our environmental claims, demonstrating our impact, and building confidence among our stakeholders.

Driven by this conviction, our team at Verst Carbon embarked on a journey of innovation shortly after the formalization of our collaboration with Nyalore Impact. Our goal was clear: to develop a cutting-edge digital platform that would revolutionize the way we monitor, report, and verify the impact of our clean cooking initiatives.

Designing a Comprehensive dMRV Solution

Anthony, our Hardware engineer, in action

The development of our dMRV platform was a meticulous process, guided by a deep understanding of the unique challenges and opportunities presented by the clean cooking sector. We knew that to truly make a difference, our solution had to be robust, scalable, and adaptable to the diverse contexts in which Nyalore Impact operates.

Our team of experts, consisting of hardware engineers, software developers, and carbon market experts, worked tirelessly to design and build a comprehensive dMRV system that would meet the highest standards of accuracy, security, and usability. The key components of our platform include:

Verst Carbon DMRV PCB
Verst Carbon dMRV dashboard

Aligning with Global Standards

To ensure the highest level of integrity and credibility, our dMRV platform is designed to align with globally recognized methodologies and standards. We have adopted the Metered Energy Cooking Devices (MECD) methodology, which is specifically tailored for Gold Standard projects in the clean cooking sector.

By adhering to the MECD methodology, we can accurately quantify the energy savings and emission reductions achieved by Nyalore Impact’s EPC distribution project. This rigorous approach guarantees that every unit of energy saved, and every ton of carbon dioxide mitigated is meticulously recorded, reported, and verified, providing an unassailable foundation for our environmental claims.

Transforming Community Engagement

The impact of our dMRV platform extends far beyond the realm of data and technology. By embedding cutting-edge IoT devices into Nyalore Impact’s EPCs, we are fundamentally transforming the way communities interact with clean cooking solutions. The real-time monitoring and reporting capabilities of our platform not only enable us to optimize the performance of the cookstoves but also empower users with valuable insights into their energy consumption patterns.

Through our user-friendly mobile application, EPC users can access personalized recommendations, track their energy savings, and even earn rewards for sustainable cooking practices. This gamified approach to community engagement fosters a sense of ownership and motivation, driving the long-term adoption of clean cooking technologies.

Moreover, the transparency and accountability provided by our dMRV platform serve as a catalyst for building trust between Nyalore Impact and the communities they serve. By demonstrating the tangible benefits of clean cooking through verifiable data, we strengthen the bonds of partnership and create a shared sense of purpose in the fight against climate change and energy poverty.

The Foundation for Sustainable Impact

The development of our dMRV platform marks a significant milestone in our collaboration with Nyalore Impact. By harnessing the power of digital technology, we have created a robust foundation for monitoring, reporting, and verifying the impact of clean cooking initiatives. This not only strengthens the credibility of our environmental claims but also unlocks new opportunities for scaling our impact and attracting sustainable funding.

With our dMRV platform in place, we are now equipped to provide unparalleled transparency to our stakeholders, including investors, policymakers, and the communities we serve. The insights generated by our platform will inform data-driven decision-making, enabling us to continuously improve our strategies, optimize our resources, and maximize our impact on the ground.

Looking Ahead

As we reflect on the development of our dMRV platform, we are filled with excitement for the future. This technological breakthrough represents a significant step forward in our mission to accelerate the adoption of clean cooking solutions through carbon finance and create lasting, positive change in the lives of countless individuals and communities.

In the next instalment of our blog series, we will delve deeper into the real-world impact of our dMRV platform, exploring how we are empowering communities with Nyalore Impact, driving sustainable development, and contributing to the achievement of the Sustainable Development Goals.

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Verst Carbon Partners with Nyalore Impact to Scale Clean Cooking in Rural Kenya: Part 1 https://verst.earth/verst-carbon-partners-with-nyalore-impact-to-scale-clean-cooking-in-rural-kenya-part-1/ Tue, 23 Apr 2024 09:11:30 +0000 https://verst.earth/?p=1985 As we start off this week, we are thrilled to share with you the inspiring story of our partnership with Nyalore Impact, […]

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Nyalore and Verst Carbon Teams

As we start off this week, we are thrilled to share with you the inspiring story of our partnership with Nyalore Impact, a trailblazing social enterprise that is transforming the landscape of clean cooking solutions in Kenya and beyond. This collaboration marks a significant milestone in our mission to drive sustainable development and combat climate change through innovative technology and community-centric initiatives.

Nyalore Impact was founded in 2016 by the visionary entrepreneur, Awuor Dorothy Otieno, who recognized the urgent need to address the global climate crisis through practical and impactful solutions. Driven by a deep commitment to environmental sustainability and social empowerment, Dorothy set out to tackle one of the most pressing challenges faced by marginalized communities in Kenya: access to clean and efficient cooking methods.

In many rural households, traditional cooking practices rely heavily on biomass fuels such as wood, charcoal, and animal dung. These methods not only contribute to deforestation and greenhouse gas emissions but also pose severe health risks due to indoor air pollution. Nyalore Impact emerged as a beacon of hope, offering a path towards a cleaner, healthier, and more sustainable future.

A Mission to Revolutionize Clean Cooking

At the heart of Nyalore Impact’s mission is the belief that access to clean cooking solutions is not just an environmental imperative but also a fundamental human right. The company’s primary goal is to revolutionize cooking in low-income households and marginalized communities by providing cost-effective, environmentally friendly, and sustainable cooking solutions that improve overall health, minimize negative environmental impacts, and promote economic growth.

To achieve this ambitious vision, Nyalore Impact specializes in the sale and distribution of electric cookstoves, with a particular focus on the innovative Electric Pressure Cookers (EPCs). These cutting-edge appliances offer a host of benefits, including:

Making a Tangible Impact

Since its inception, Nyalore Impact has made remarkable strides in bringing clean cooking solutions to underserved communities. To date, the company has successfully provided over 50,000 rural Kenyan households with clean cookstoves, directly improving the lives of countless individuals and families.

The impact of their work extends far beyond the immediate benefits of clean cooking. By reducing indoor air pollution and the associated health risks, Nyalore Impact has contributed to a significant decrease in respiratory illnesses among women and children, who are often disproportionately affected by the adverse effects of traditional cooking methods.

Moreover, the company’s initiatives have supported local efforts to conserve the environment and combat deforestation. By offering sustainable alternatives to biomass fuels, Nyalore Impact has alleviated the pressure on Kenya’s forests, allowing for the regeneration of valuable ecosystems and the preservation of biodiversity.

A Partnership Forged in Shared Values

Our paths crossed with Nyalore Impact during the transformative Pika na Power event organized by Kenya Power and Lighting company (KPLC) in collaboration with MECS. This event brought together clean cooking and carbon market experts with stakeholders from various sectors to explore sustainable energy solutions and address the pressing environmental challenges of our time.

As we engaged in thought-provoking discussions and witnessed the groundbreaking work being done by organizations like Nyalore Impact, we were deeply inspired by their commitment to driving positive change through technology and community empowerment. Impressed by our own dedication to technological excellence and environmental integrity, Dorothy reached out to Verst Carbon in February, setting the stage for a partnership that would soon prove to be a first of its kind in the clean cooking sector.

Looking Ahead: A Bold Vision

As we embark on this exciting journey together, Nyalore Impact and Verst Carbon have set our sights on an ambitious goal: to distribute 10,000 Electric Pressure Cookers (EPCs) to households in rural Kenya by the end of this year. This bold vision represents a significant step forward in our mission to expand access to clean cooking solutions and create lasting, positive change in the lives of countless individuals and communities.

Through our combined expertise, technological innovation, and deep understanding of local contexts, we are confident in our ability to achieve this target and lay the foundation for even greater impact in the years to come. By leveraging cutting-edge digital solutions and fostering strong partnerships with key stakeholders, we aim to create a scalable and sustainable model for the widespread adoption of clean cooking technologies.

An Invitation to Join the Journey

As we share the story of our partnership with Nyalore Impact, we invite you to join us on this transformative journey. In the coming days, we will delve deeper into our Digtial Monitoring, Reporting, and Verification (dMRV) technology that underpin our collaboration, the positive impacts on communities, and the ways in which you can support and contribute to this vital cause.

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Verst Carbon Launches its Innovative Carbon Project Development Support Platform at COP28 https://verst.earth/verst-carbon-launches-its-innovative-carbon-project-development-support-platform-at-cop28/ Fri, 22 Dec 2023 05:02:57 +0000 https://verst.earth/?p=1976 The recently concluded COP28 in Dubai marked a significant milestone in Verst Carbon’s journey. In a groundbreaking move, our CEO Brian Nyangena […]

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The recently concluded COP28 in Dubai marked a significant milestone in Verst Carbon’s journey. In a groundbreaking move, our CEO Brian Nyangena officially unveiled the Verst Carbon carbon project development support platform, which is set to play a pivotal role in shaping the future of carbon trading in Africa. Months of rigorous research, development, testing, iteration, and improvement culminated in this unveiling of our innovative platform to all carbon market stakeholders. 

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Kenya’s Proposed Climate Change Bill Amendment: A Blueprint for African Countries? https://verst.earth/kenyas-proposed-climate-change-bill-amendment-a-blueprint-for-african-countries/ https://verst.earth/kenyas-proposed-climate-change-bill-amendment-a-blueprint-for-african-countries/#respond Mon, 05 Jun 2023 13:35:31 +0000 https://verst.earth/?p=1354 In the face of global warming, the role of legislation in climate change mitigation cannot be overstated. A case in point is […]

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In the face of global warming, the role of legislation in climate change mitigation cannot be overstated. A case in point is Kenya’s Climate Change (Amendment) Bill 2023, an ambitious piece of legislation that aims to plug gaps and enhance participation in carbon markets. This landmark amendment is not only a step in the right direction for Kenya, but it could also serve as a blueprint for other African countries looking to bolster their climate change strategies.

A Closer Look at the Amendment

The Climate Change (Amendment) Bill 2023, proposed by the Ministry of Environment, Climate Change, and Forestry, offers several key improvements to Kenya’s existing environmental regulations. The proposed amendment represents an effort to ratify the Climate Change Act 2016 and to address any existing gaps within it. 

The amendment proposes the development, management, implementation, and regulation of mechanisms to enhance climate change resilience, low-carbon development, and sustainable development in Kenya. 

Some of the clauses that stood out for us in the amendment include:

  1. The Focus on Carbon Markets and Inclusive Benefit-Sharing Mechanisms

The proposed amendment lays emphasis on the role of carbon markets. It provides a mechanism for public and private entities to transfer and transact emission reduction units, mitigation outcomes, or offsets generated through carbon initiatives, programmes, and projects​​. The Bill’s provision for benefit-sharing mechanisms in carbon markets ensures that the benefits of climate change initiatives are equitably distributed. This approach can serve as a model for other African countries, encouraging them to ensure that both public and private entities are appropriately rewarded for their efforts toward mitigating carbon emissions.

  1. Alignment with International Goals

By aligning with the goals of the Paris Agreement, Kenya demonstrates its commitment to international climate change objectives. Not only does this foster shared responsibility and collective action to tackle global issues like climate change, but it also allows African countries to tap into international funding and technology transfers. These resources help them implement sustainable strategies and increase their resilience against climate change impacts.

  1. Embracing Nature-Based Solutions

One of the standout aspects of this amendment is its focus on nature-based solutions to address climate change, human health, food and water security, and disaster risk reduction effectively. It underscores the importance of actions to protect, sustainably manage, or restore natural ecosystems, simultaneously providing human well-being and biodiversity benefits​​.

The bill also seeks to reduce emissions from deforestation and forest degradation, enhance forest carbon stock at national and sub-national levels, and includes activities that reduce greenhouse gas emissions through the sustainable management of forests and the conservation and enhancement of forest carbon stocks.

  1. Public Participation

The Kenyan government’s approach of inviting public comments and inputs on the proposed amendment emphasizes the role of citizens in shaping the country’s environmental policy. This strategy encourages public ownership of climate change policies and fosters a collective responsibility towards environmental conservation.

Kenya’s Ministry of Environment, Climate Change, and Forestry set a deadline of May 26, 2023, for public participation. Virtual public meetings were held between May 10 and May 24, 2023, to discuss the proposed amendment and receive input from the public. We are pleased to add that we at Verst Carbon also submitted our views on the proposed Climate Change Amendment Bill and are awaiting the ratification of the bill. This inclusive approach ensures that the views of all stakeholders are taken into consideration in the development of climate change policies.

  1. Fostering Public and Private Sector Collaboration

A key aspect of the proposed amendment is the involvement of both the public and private sectors in the implementation of non-market approaches. These approaches aim to promote mitigation and adaptation ambition, enhance public and private sector participation in the implementation of nationally determined contributions, and enable opportunities for coordination across instruments and relevant institutional arrangements​​.

Moreover, the Act will allow public and private entities to participate in carbon markets, fostering the transfer and transaction of emission reduction units, mitigation outcomes, and offsets generated through various initiatives, programs, and projects.

A Model for African Countries

The proposed Climate Change (Amendment) Bill 2023 represents a significant step forward in Kenya’s climate change mitigation and adaptation strategies. By incorporating nature-based solutions, engaging both the public and private sectors, and promoting public participation, Kenya is setting a holistic and inclusive blueprint for other nations on the continent. The success of this bill could pave the way for similar initiatives across the continent, driving Africa towards a more sustainable and resilient future in the face of climate change.

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