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.”


Converting Cashew Residues into Biochar

Côte d’Ivoire is a major hub in the global cashew industry. As processing volumes increase, byproducts such as cashew shells present ongoing waste management challenges, with much of the material currently burned.

Under the VIPP project, cashew shells will be converted into high-quality biochar using controlled gasification. The resulting biochar will be directed toward eligible end uses as a soil amendment, supporting long-term carbon storage and improving soil fertility.

Revata Carbon will lead in-country development, including feedstock sourcing, stakeholder coordination, and plant operations. Valency International, a British International Investment-backed agribusiness and major cashew processor, will supply feedstock and contribute supply chain expertise.

Vaibav Jain, Founder and CEO of Revata Carbon, said: “Revata Carbon is glad to be joining forces with Valency International and Varaha (VIPP) to help deliver high quality carbon credits with our biochar assets and agri-waste management expertise.”


Varaha to Lead MRV and Carbon Credit Commercialization

Through VIPP, Varaha will oversee MRV and manage commercialization, including structuring and executing credit sales to corporate and institutional buyers. Credits will be issued in partnership with Puro.earth under its biochar methodology.

Sumit Jain, Group CEO at Valency International, said: “Working with Revata allows us to convert these residues into a scalable, climate-positive solution embedded directly within our operations. We are also pleased to work with Varaha as our carbon credit marketing partner, bringing robust MRV and market access to the project.”

The initiative aims to integrate agricultural waste into productive use while supporting decarbonization efforts within agribusiness value chains in West Africa.

administrator
As a dedicated journalist and entrepreneur, I helm iGrow News, a pioneering media platform focused on the evolving landscape of Agriculture Technology. With a deep-seated passion for uncovering the latest developments and trends within the agtech sector, my mission is to deliver insightful, unbiased news and analysis. Through iGrow News, I aim to empower industry professionals, enthusiasts, and the broader public with knowledge and understanding of technological advancements that shape modern agriculture. You can follow me on LinkedIn & Twitter.

Leave a Reply