Nori allows you to own, track, and showcase verified carbon removal. Reverse climate change with the most transparent carbon removal marketplace.
Currently, carbon removal prices are set by farmers. Soon, the price will be dynamically set by the market using something like the NORI Token.
100% of each tonne you pay for goes directly to supporting the suppliers, and in turn, Nori collects an additional 15% transaction fee to keep the marketplace running.
Like a gift card, one NORI will always be redeemable for one tonne of carbon removal.
Below is an interview with the Nori team.
What is Nori’s mission and vision?
Nori is a blockchain-based carbon removal marketplace on a mission to reverse climate change.
We believe that humanity can not only stop but actually reverse climate change by removing over 1 trillion tonnes of CO2 from the atmosphere.
How do we get people to remove that much carbon? Pay them!
Nori’s marketplace provides the financial infrastructure to encourage carbon removal at scale while advancing new carbon removal methodologies.
You can learn more about our vision, progress thus far, and the road ahead here.
What are NRTs?
A Nori Carbon Removal Tonne, or NRT, represents one tonne of carbon dioxide (CO2) that has been removed from the atmosphere for a minimum of 10 years.
Each NRT comes with a unique certificate certifying a buyer’s ownership, including the date of their carbon removal retirement and the location of retirement. Nori's NRT inventory tracking, sales, and retirement information is publicly available, both on-chain and in Nori’s online database.
How can farmers create another revenue stream for their land with Nori?
Farmers who have adopted regenerative practices can use the Nori Marketplace to get paid for their soil carbon. Learn more here: https://nori.com/growers
Who verifies Nori’s carbon removal and project data?
Nori works with a third-party verifier, Aster Global Environmental Solutions, to ensure that: the project data is correct, the supplier can legally list and sell carbon credits, and carbon removals are only sold once (no double counting).
