The Bayer Trendlines Ag Innovation Fund, set up by Bayer CropScience LP and The Trendlines Group Ltd., announced on Monday the establishment of TierraSpec Ltd., a new company focused on real-time remote measurement and validation of carbon sequestration in agricultural soil to allow the issue of carbon credits and soil health monitoring.
Follow Israel Hayom on Facebook, Twitter, and Instagram
TierraSpec's technology is based on over 30 years of scientific research performed in the lab of Professor Eyal Ben-Dor at Tel Aviv University and is commercialized in collaboration with Ramot, Tel Aviv University's Technology Transfer arm and with the Israel Innovation Authority. TierraSpec is headed by its CEO, Avital Levy-Lior, PhD.
Soil is the second largest carbon sink in the world and yet only 1-2% of projects are eligible for issuing carbon credits from carbon sequestration in agricultural lands. This is due to the lack of reliable economical technology for the measurement and quantification of carbon in agricultural soils.
TierraSpec is developing a platform for measuring and validating carbon sequestration in agricultural soils using remote sensing, employing unique testing methods and advanced machine learning modeling. The platform will be a cost-effective tool for the validation of carbon sequestration that will allow reporting to carbon registries for issuance and sale of carbon credits.
