Dominica Hemp-CO₂

ThemeDetail & MetricsSources / Links
Carbon-removal marketGlobal CDR market forecast to grow from US $842 M (2025) to ≈ US $2.85 Bn by 2034 (CAGR ≈ 14.5 %)Precedence Research – Carbon Dioxide Removal Market 2025-34 (precedenceresearch.com)
Biochar credit pricingDurable biochar credits clear US $150–300 /t on Puro Earth’s CORC registry (2024)Puro.earth registry price range (puro.earth)
Anchor buyer signalMicrosoft pre-purchased 1.24 Mt of biochar removals under a 10-yr deal (2024)CarbonCredits.com – Microsoft Biochar Deal (carboncredits.com)
National emissionsDominica emits only ≈ 235 000 t CO₂e/yr (2021)Emission-Index.com – Dominica GHG profile (emission-index.com)
Planned removalsProject target: ≈ 250 000 t CO₂/yr106 % of national footprint capturedInternal calc + emissions source above
Hemp sequestration rateRegenerative hemp + biochar + hemp-crete = ~25 t CO₂/ha/yr (literature median)Hemp Carbon Standard pilot report (downloads.regulations.gov)
Land availabilityDominica has ≈ 26 060 ha of farmland; project phases use up to 10 000 ha (≈ 38 %)Our World in Data land stats + user calc
Regulatory backboneCredits issued under Verra VM0042 + Puro Earth Biochar methodologies; Article 6 export letters enable ITMO salesVerra events page (verra.org) · Carbon-Direct Article 6 explainer (carbon-direct.com)
Pilot CAPEX (credit-only compliance)Legal + PDD + validation + registry + first MRV ≈ US $150-300 kVerra fee notes & audit cost study (carbon-direct.com, carboncredits.com)
Full pilot CAPEX (500 ha + kiln + mini-GMP)≈ US $4 M delivers first 60 kt credits by Q4-2026Cost synthesis – kilns, hemp est., validation (verra.org)
Revenue potentialAt US $250 /t, 0.25 Mt credits ⇒ US $62.5 M / yr carbon cash before extractsBiochar price + removal target above
ISC roleRecruits Verra/Puro experts, steers PDD, oversees EU-GMP/biochar build-out, runs a buyer-intelligence desk mapping Big Tech, finance & airline demandProject charter
TimelineArticle 6 letter + PDD in 2025; validation & first issuance Q4-2026ISC schedule
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