Agriculture Investments Regenerative Agriculture

Varaha Launches Industrial Partners Program with Côte d’Ivoire Biochar Project

Varaha has partnered with Mirova in its largest carbon financing deal to date, supporting the Kheti regenerative agriculture project in India.

Key Takeaways

  • Varaha launched the Varaha Industrial Partners Program (VIPP) to support biomass facilities in generating carbon removal credits.
  • The first VIPP partnership includes Revata Carbon and Valency International in Côte d’Ivoire.
  • The project will convert cashew shells into biochar through controlled gasification.
  • Carbon credits will be issued with Puro.earth under its biochar methodology.
  • Varaha will lead digital MRV and commercialization, including carbon credit sales to corporate and institutional buyers.

Varaha Introduces VIPP to Scale Industrial Biochar Carbon Removal

Varaha announced the launch of the Varaha Industrial Partners Program (VIPP), a global initiative designed to enable biomass processing facilities with sustainable feedstocks to generate high-integrity carbon removal credits. The program combines Varaha’s digital measurement, reporting, and verification (MRV) platform with carbon credit commercialization services.

As the first VIPP launch partnership, Varaha will collaborate with Revata Carbon and Valency International to develop an industrial biochar carbon removal project in Côte d’Ivoire. The facility, currently under construction, will process agricultural residues into biochar for long-term carbon storage.

Madhur Jain, CEO of Varaha, said: “We're excited to welcome Valency International and Revata Carbon as VIPP launch partners. Valency and Revata's on-the-ground development leadership, combined with industrial delivery and Varaha's rigorous MRV and commercialization, creates a strong foundation to scale durable carbon removal in West Africa and beyond.”

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