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Verra Partnership Proposal — Technology-Enhanced Carbon Integrity

Executive Summary

In alignment with Verra's commitment to high-integrity carbon markets and rigorous Monitoring, Reporting, and Verification (MRV) processes, DaedArch Corporation proposes a strategic partnership to leverage our sensor-based MRV platform. Our technology enhances carbon credit integrity by providing continuous, real-time ground-truth data that supports both technology-based and nature-based solutions. This proposal outlines the mutual value of our collaboration, a comprehensive partnership model, a pilot program, a detailed integration timeline, and commercial terms that align with Verra's Verified Carbon Standard (VCS) requirements.

Value Proposition

Enhancing MRV Integrity

DaedArch’s sensor-based MRV platform is designed to address the critical need for enhanced data accuracy and transparency in carbon markets. Our platform utilizes advanced sensor technology to collect real-time emissions and sequestration data, which is essential for the verification processes outlined in the VCS Methodology Requirements (Version 4.0). By integrating our technology with Verra’s VCS, we can:

1. Increase Data Accuracy: Continuous monitoring reduces discrepancies in reported data, ensuring compliance with VCS’s stringent data quality standards.
2. Automate Reporting: Our platform automates the generation of reports in compliance with the VCS Reporting Requirements (Version 4.0), streamlining the submission process for project developers.
3. Enhance Transparency: By creating a transparent verification chain, we bolster confidence among stakeholders and buyers in the integrity of carbon credits.

Supporting Diverse Solutions

DaedArch recognizes Verra's dual emphasis on technology-based and nature-based solutions. Our platform is adaptable to various project types, including reforestation, afforestation, and renewable energy projects. This adaptability aligns with the VCS methodologies, such as the VM0021 (Methodology for Improved Forest Management) and VM0017 (Methodology for Land Use and Forestry Projects), facilitating broader applicability across the carbon market.

Partnership Model

Objectives

The primary objectives of this partnership are to:

• Integrate DaedArch’s MRV technology with Verra's existing carbon credit certification processes.
• Develop a framework for collaboration that enhances the verification integrity of carbon credits issued under the VCS.
• Foster innovation in carbon market technologies to support Verra’s mission of promoting high-integrity carbon markets.

Roles and Responsibilities

• DaedArch Corporation will provide:
• Sensor technology and infrastructure for data collection.
• Ongoing technical support and maintenance of the MRV platform.
• Training for Verra personnel on data interpretation and platform utilization.

• Verra will provide:
• Access to the VCS framework, including methodologies and standards for integration.
• Guidance on compliance with VCS requirements and support for the pilot program.
• Facilitation of stakeholder engagement to promote the adoption of the integrated MRV solution.

Pilot Program

Overview

To demonstrate the efficacy of DaedArch’s MRV platform, we propose a pilot program involving a selected VCS project. The pilot will focus on the following key areas:

1. Data Collection: Deploy DaedArch sensors in a designated project area to collect baseline and ongoing emissions/sequestration data.
2. Data Integration: Integrate collected data with Verra’s existing data submission formats, ensuring compliance with VCS requirements.
3. Verification Process: Engage a third-party verifier to assess the data integrity and provide feedback on the integration process.

Pilot Objectives

• Validate the accuracy and reliability of DaedArch’s sensor data in real-world applications.
• Assess the efficiency of automated reporting in meeting VCS standards.
• Gather insights from stakeholders to refine the integration process and enhance user experience.

Expected Outcomes

The pilot program is expected to yield:

• A comprehensive report detailing the data accuracy and verification outcomes.
• Recommendations for scaling the technology across additional VCS projects.
• A framework for ongoing collaboration between DaedArch and Verra.

Timeline

Integration Timeline

The proposed timeline for the partnership and pilot program is as follows:

1. Month 1-2: Partnership Agreement Finalization

• Finalize terms and conditions of the partnership.
• Establish a joint steering committee to oversee the integration process.

1. Month 3-4: Pilot Program Preparation

• Identify a suitable VCS project for the pilot.
• Deploy DaedArch sensors and conduct baseline data collection.

1. Month 5-6: Pilot Execution

• Continuously monitor and report data through the DaedArch platform.
• Engage with third-party verifiers to assess data integrity.

1. Month 7: Evaluation and Reporting

• Compile results and feedback from the pilot program.
• Present findings to Verra and stakeholders for review.

1. Month 8: Scale-Up Planning

• Develop a roadmap for wider implementation of the MRV technology across additional VCS projects.

Commercial Terms

Financial Structure

The commercial terms of the partnership will be structured to ensure mutual benefit and sustainability:

1. Revenue Sharing: A revenue-sharing model where DaedArch and Verra share a percentage of the revenue generated from projects utilizing the integrated MRV platform.
2. Service Fees: DaedArch will charge a service fee for the deployment and maintenance of the sensor technology, which will be clearly outlined in the partnership agreement.
3. Incentives for Adoption: Verra may offer incentives for project developers who adopt the integrated MRV solution, promoting widespread use of the technology.

Investment and Resources

• DaedArch will invest in the necessary technology infrastructure and personnel training.
• Verra will allocate resources for stakeholder engagement and marketing efforts to promote the pilot program and the integrated solution.

Terms of Collaboration

• The partnership will be reviewed annually, with provisions for adjustments based on performance metrics and stakeholder feedback.
• Both parties will commit to transparency in reporting and data sharing to uphold the integrity of the carbon credits generated.

Conclusion

The proposed partnership between DaedArch Corporation and Verra represents a significant opportunity to enhance the integrity of carbon markets through innovative MRV solutions. By leveraging DaedArch's sensor-based technology within the framework of Verra's Verified Carbon Standard, we can ensure that carbon credits are backed by robust, transparent, and verifiable data. This collaboration will not only strengthen the credibility of carbon markets but also support the global effort towards achieving climate goals.

We look forward to discussing this proposal further and exploring the potential for a successful partnership.

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Appendix: References

• Verra. (2023). Verified Carbon Standard (VCS) Methodology Requirements (Version 4.0). [Link to VCS documentation]
• Verra. (2023). VCS Reporting Requirements (Version 4.0). [Link to VCS documentation]
• Verra. (2023). VM0021: Methodology for Improved Forest Management. [Link to methodology]
• Verra. (2023). VM0017: Methodology for Land Use and Forestry Projects. [Link to methodology]

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