THE IBM (NYSE: IBM) is collaborating with C6 Captured, a Canadian developer of carbon credits, and with a Canadian technology company, The Bloomington Group Ltd., to remotely measure carbon sequestration in the rainforest of the Brazilian Amazon biome and the Paraguayan Chaco forests, through the C6 platform, powered by IBM AI technologies. The platform calculates above-ground biomass and seamlessly converts it into commercially viable carbon units, enabling C6 Captured to detect early signs of forest disturbance to ensure the retention of high-integrity carbon credits for the voluntary carbon market.
The C6 Captured platform operates like a sophisticated calculator and leverages IBM AI technologies to streamline the carbon sequestration monitoring process. Technologies include the IBM Environmental Intelligence Suite and NASA's geospatial foundational models and are used to remotely monitor aboveground biomass through historical and current satellite imagery. This process enables C6 Captured to accurately report carbon sequestration. IBM Blockchain is also used to provide additional assurance of carbon credit quality, data security and transparency.
“At C6 Captured, we are committed to being a global leader in developing high-integrity, nature-based carbon credits that help achieve net zero carbon compliance goals,” said Silvio Teixeira, CEO of C6 Captured. “We leverage our deep understanding of the local landscape to collaborate closely with IBM and The Bloomington Group Ltd. to develop projects that truly set us apart.”
“Measuring carbon capture is a time-consuming manual task that depends on many factors such as tree types, age and other considerations,” said Stephen Shefsky, co-founder of C6 Captured. “We are excited to work with IBM and The Bloomington Group Ltd. to revolutionize how carbon capture is measured and reported. IBM’s technology and expertise have been instrumental in helping us speed up this process, while also enabling us to help protect biodiversity and enable real benefits for local communities.”
Brazil is home to the largest amount of living woody biomass in the world, according to Global Forest Watch. Forests play a crucial role in combating climate change as they absorb more than 7 billion metric tons of carbon dioxide annually. With the urgent need to meet the goals of the Paris Agreement, nature-based solutions could provide almost 40% of the mitigation efforts needed by 2030, as estimated by the world Bank.
“At IBM, we believe that responsible AI and data-driven innovation play a powerful role in helping address some of our most pressing climate issues, while enabling companies to turn sustainability into action,” said Bianca Zadrozny , leader of the Spatiotemporal Modeling Group and senior research manager at IBM Research Brazil. “IBM’s collaboration with C6 Captured will set a new standard for environmental stewardship, while driving long-term ecological balance and sustainable development for generations to come.”
This collaboration comes at a time when corporate net zero emissions pledges around the world have grown significantly according to the Science Based Targets Initiative (SBTi), highlighting the need for solutions that help companies achieve their sustainability goals.