The Carbon Credit Market is valued at $103.8 billion in 2023 and is set to reach $359.5 billion by 2032 at a compound annual growth rate of 14.8%. Approximately 94% of carbon credits approved by Vera, world's leading verified carbon standards (VCS) that has issued more than 1 billion carbon credits, are found to provide no additional benefît to the climate.The organization has been found to exaggerate risks by 400 times, amplifying the benefits of projects. Carbon credit buyers lack the means to verify the legitimacy of carbon offsets using their own Measurement, Reporting, and Verification (MRV) methods.


We propose using geospatial technology, mid-infrared spectroscopy, and machine learning for precise MRV of carbon credits in sequestration projects. The process involves mapping soil, analyzing its physical and chemical traits through lab tests, and linking this data with mid-IR spectral signatures.
This creates predictive models for accurately estimating soil quality, notably soil organic carbon content (SOC).
With over 33% of the world's soils severely degraded, and 40% of those located in Africa, the need for innovative soil mapping and management solutions is clear. Our spatial and quantitative understanding of soil quality helps reverse soil degradation, improve land use practices, and promote ecosystem restoration.
By acquiring higher quality carbon credits, Shell can enhance its emissions reduction impact per dollar spent, allowing for greater progress in environmental sustainability without increasing its carbon offsetting budget.Robust prediction models and accurate data inputs enhance the reliability and precision of carbon sequestration estimates, boosting confidence in the quality of carbon credits generated. In 2022, Shell retired 5.8 million carbon credits. If Shell is able to invest in carbon credits that offset 2x more carbon using the GIS system proposed, it can retire 11.6 million tones of carbon at the same cost.