NextGen purchases biochar removal credits from Exomad Green, enabled by Carbonfuture dMRV
NextGen CDR AG, a large permanent carbon dioxide removal (CDR) portfolio, announced a multi-year CDR purchase agreement with Exomad Green, a biochar producer operating in Bolivia. The deal, supported by Carbonfuture's digital MRV (dMRV) platform, aims to scale the global biochar market and ensure transparency in credit quality. This agreement enables NextGen to secure certified technological CDRs from projects producing credits by 2025 at an average price of $200/tonne. Exomad Green utilises waste timber, certified by Autoridad Bosques y Tierra (ABT), to produce biochar, which is then distributed to local communities to improve soil health.
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