Nori

From Climate Wiki
Revision as of 02:11, 11 March 2023 by TH (talk | contribs)
Jump to navigation Jump to search

Nori is a blockchain company which describes its token, $NORI, as "a cryptocurrency designed to be the world’s universal market-driven reference price for carbon dioxide removal."[1]

Backing

According to the front page of its website[2], Nori is backed by Cargill, Toyota Ventures, placeholder, North Island Ventures, m13, Tenacious Ventures, and Techstars (w/ The Nature Conservancy)[3]

Partners

Corteva / DowDuPont

In "Turning Carbon Into a Cash Crop" (2018), the CEO of Nori described a new joint pilot program with Corteva/DowDuPont which would give the users of Corteva's "Granular" software optional early access to Nori's carbon market to its customers.[4]

USDA

"Nori chose to go the farming route because it’s the easiest to quantify right now, thanks to a partnership with the U.S. Department of Agriculture’s tool, COMET-Farm."[5]

Worldview

"Gambill says Nori is solution-agnostic, and hopes to move on to other areas in and out of agriculture, from forestry to direct air capture technology. The idea is to create competition among the various methods of carbon removal... “Climate change should not be a political problem, because it’s just an engineering problem,” Gambill said.[6]

Sources