Hyphen Global has partnered with greenhouse gas (GHG) monitoring system provider LI-COR, to deliver a software-driven, hardware-enabled solution for the GHG monitoring industry. Hyphen will use LI-COR’s eddy covariance flux measurement systems for its proprietary atmospheric-based digital monitoring, reporting and verification (dMRV) solution. This solution will provide accurate GHG emissions reduction and removal data in real-time to project developers, landowners and carbon markets.
Miles Austin, CEO of Hyphen Global, said, "We are steadfast in our commitment to restoring trust in the carbon market. For too long, the industry has struggled with the inability to accurately quantify and validate emissions removals and reductions—essential aspects of a well-functioning market. We cannot build a better industry on a foundation of uncertainty. This is why we are excited to partner with LI-COR--the combination of our software and services with their instrumentation lays the necessary foundation for the needed precision and trust in the carbon market."
The partnership seeks to enhance transparency and trust in carbon markets by enabling the precision real-time quantification of GHG fluxes, in tons of carbon dioxide or equivalent, across various sectors, including nature-based solutions, agriculture, oil and gas production, and waste management.
The integration of world-class gas analyzers and GHG measurement systems–designed, installed and operated by LI-COR—with Hyphen’s dMRV software, automates the entire process that leads to the issuance of high-quality carbon credits. This innovative, hardware-software combination represents a significant advancement in dMRV technology, empowering stakeholders to assess natural capital accurately in real-time.
Kristin Feese, Executive Vice President and General Manager at LI-COR, said, “Increasing the value of carbon, and the stability and integrity of the carbon markets, is key to global change. Our partnership with Hyphen provides real-time direct monitoring to quantify and verify carbon emissions, answering what customers need to know, including how much carbon is sequestered and how long it stays sequestered.”