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August 2023 |
The MRV Collective is a non-profit, design and build, industry coalition advancing strategic applications of measurement, reporting, and verification (MRV) technologies to address climate change, biodiversity loss, and close the $700 billion dollar annual nature-finance gap. |
Highlights |
Join us for NYC Climate Week! RSVP Here TNFD global nature-related public data facility scoping study released Video: What is eDNA? via Kat Bruce, Nature Metrics MRVC H2 2023 member programming kicks off MRVC is currently working on the third Nature Tech Report together with Nature4Climate, stay tuned for its release later this year.
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 | Join us in New York this September!MRV Collective is hosting a Nature Tech in Action, Case Studies from the Field at NYC Climate Week together with Nature4Climate. If you joined us in London, you got a sampling of cutting edge solutions and with this event our intention is to deepen the understanding of what nature tech in action looks like.
Our speaker line up includes companies from across a range of technologies including including Cultivo, Restor, Earthshot Labs, Rainforest Connection, SustainCERT and Meridia. We will also feature expert investors from impact investing and the VC community including Shyla Raghav, Co-Founder at TIME CO2.com and Mark Tercek, Senior Adviser at Centerview Partners. Initial findings from a new nature tech market report will also be previewed at the event. |
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Summary and Key Learnings |
 | Video: What is eDNA?During our London Climate Action Week event we caught up with Dr. Kat Bruce, Founder of NatureMetrics, an MRV Collective member to learn more.
”All organisms are going around their lives shedding traces of DNA, and we can capture those from environmental samples so we take samples of soils and sediments, we take samples of water, and we're also starting to take samples of the air…”
—Kat Bruce, Founder of NatureMetrics, an MRV Collective member | | TNFD Nature Data Facility Scoping Study Responds to Questions from G20-Member Governments
“We are drowning in nature data but starved of insights. If we want to truly understand the state of nature, we need to close the nature data gap for the public and private sector to be able to report on nature and mobilize funds and resources to nature-based climate solutions.”
— Raviv Turner, Founding Member, MRV Collective
A nature-data facility is envisioned to provide a link between remote- and ground- sensing nature data giving an up-to-date status on nature for countries, sectors, corporations, indigenous peoples, and local communities. |
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Released by the TNFD last week, the new study responds to questions from G20-member governments about how addressing nature-related data challenges could enable and accelerate the uptake of corporate reporting and target-setting by business and finance, in line with Target 15 of the Global Biodiversity Framework.
Nature-related data challenges can be addressed to enable and accelerate the uptake of corporate reporting and target setting by business and finance. Interest in global scale solutions to nature-related data challenges have accelerated since the successful agreement of the Kunming-Montreal Global Biodiversity Framework (GBF) at the CBD COP15 meeting in Montreal in December 2022. |
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Share your MRV Use CasesHave an MRV use case or story to share? We’re currently accepting submissions to be considered and expanded upon. We are especially interested to include those supporting environmental and social justice. It is critical that developing nations have access to emerging MRV technologies and local communities included as part of MRV efforts with fair revenue sharing throughout the value chain. |
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Good News |
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Welcome to the Collective! |
Welcome new members to MRV Collective. Note that we’ll be kicking off our member collaboration programming and invites will be sent to member organizations shortly. Not a member? Express interest here. |
| Space Intelligence
Space Intelligence is on a mission to enable zero deforestation and degradation, and support mass forest restoration, by producing the highest quality nature data products. | |
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| Cyber TrackerCyberTracker Conservation is a non-profit organization promoting a global environmental monitoring network. Since 1997, we've provided free software for smartphones and PDAs, designed for expert indigenous trackers. | |
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| ThryveThryve is a platform that unites multiple stakeholders to develop high-quality nature-based carbon projects in a scalable manner. | |
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| Fair CarbonOur mission is to scale high-quality carbon credit supply through digital and data-driven project design and MRV to preserve and restore natural resources and accelerate clean technology. | |
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| LoaminWe are building an Earth Intelligence platform for carbon and biodiversity. Platforms and end-users can leverage our algorithms through our API and/or UI to help generate statistically robust estimates of metrics such as change in soil carbon through to species distributions.
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| Your OrganizationMRV Collective members enjoy special benefits including thematic community programming, special events, research & development collaboration opportunities, sector analysis, and industry insights.
MRV Providers, mission aligned organizations, corporations, financial institutions, and individuals are now welcome to apply. | |
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Up Next |
MRV Collective will be attending Bloom 23 later this year. Last year we attended a one day prototype of the event called the Nature Forum and had a great experience. If you are considering to attend, we are pleased to offer the following discount code to our subscribers and membership network. |
| Bloom 23 (Oct. 24-25, San Jose, CA) is the leading event for professionals advancing strategies to protect and regenerate nature. Over the course of two interactive days, the event creates essential connections between companies, innovators and experts from leading organizations and Indigenous groups. By participating, you’ll get to explore the markets, technologies and partnerships key to addressing the climate and biodiversity crises hand-in-hand.
Learn more and use the code B23MRVC when you register for 10% off the All-Access Pass:https://bit.ly/3qbVlkv
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Challenges |
Taxonomic Name Harmonization Have you ever tried to combine multiple data sets with one another into something useful? Data harmonization is the process of combining data from different sources to provide users with a comparable view of data from across studies and collection efforts.
While the finance and business communities look towards incorporating biodiversity and nature data into their decision making, many deep complexities and challenges exist. For example, the following study reviewed taxonomic name harmonization in depth via this study published last year.
”In the era of big data, combining, harmonizing and analysing massive amounts of ecological data have played a central role in improving our understanding of biodiversity in a changing world. While promising, this new era is also challenging. As exabytes of primary biodiversity data become publicly available, issues of quality control in data integration, interoperability and redundancy have become pressing concerns to address. One of the biggest challenges in biodiversity data handling is maintaining a consistent taxonomy of species names associated with different biological attributes. The dynamic nature of tax-onomy, reinforced by the growing availability of information and the increasing use of genetic methods to identify species results in ever-changing taxon names considered accepted“ |
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In the News |
News, nature data, research, MRV applications |
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