Integrity and Transparency
We are seeing a lot of reports, webinars and activities around where the Voluntary Carbon Market (VCM) should head towards after the Paris 2020 agreement came to an end. The concerns come from the public in general, and the demand side, that are asking for sound principles for best-practice in the carbon markets.
One of the conduits to ensure such integrity and transparency are achieved, is the use of digital tools for the verification process of green house gas (GHG) emissions. Although the degree of digitalisation of the verification currently available for project developers right now is very basic and low, here at Simoshi we are proud to tell you about our Kenga IT infrastructure.
This specially designed tool, funded by the United Nations Capital Development Fund, has allowed our team to collect accurate data directly from the field, that is captured through the use of mobile phones. All the information captured - indicators that are continuously monitored and quantified by the Gold Standard and the Clean Development Mechanism to ensure all 9 Sustainable Goals are achieved - is directly sent on real time to our head office, where data is cross-checked at several levels, reconciled, and reported for verification purposes.
As we await for certification bodies to come up with integrated systems for digitalised quantification and verification processes, that ultimately are partly shifted to independent verification entities, we are thriving to produce accurate reports that are a real representation of Simoshi’s integrity and transparency when implementing the Project Activity.