Boomitra’s Oasis BiCRS Project in Botswana Restores Land and Sequesters Carbon

Boomitra, an Earthshot Prize-winning carbon removal company, launched its first Biomass Carbon Removal and Storage (BiCRS) project in Botswana, expanding beyond its soil carbon expertise. The Oasis Biomass Carbon Removal and Storage Project targets 10000 hectares of degraded land, aiming to sequester over 200000 tonnes of CO₂ in 10 years by addressing woody bush encroachment. Partnering with Brahmans Botswana and Namibia Resource Consultants, the initiative restores grazing lands, boosts biodiversity, and creates rural jobs, with plans to scale to 1 million hectares across Southern Africa. Can this $50 million project drive $500 million in regional climate markets, or will $20 million in scaling challenges limit impact?

 

Project Scope and Mechanism

 

The Oasis project removes invasive woody biomass, processes it into dense bales, and buries it in oxygen-free underground vaults, locking carbon for over 100 years. Covering 10000 hectares initially, it targets savanna restoration, improving soil productivity and livestock yields. The low-tech, energy-efficient approach, verified by Puro.Earth’s BiCRS standards, uses soil gas chambers for greenhouse gas monitoring. Boomitra’s AI and satellite technology, proven in soil carbon projects across 10 countries, ensures traceability. The project aligns with Nippon Steel’s wind energy supply chain for renewable scaling, but only 5 percent of Botswana’s degraded lands use BiCRS, risking $10 million in adoption gaps.

 

Read more: ECB’s Climate Factor in Collateral Framework Targets Transition Risk

 

Economic and Environmental Impact

 

The $50 million initiative supports $200 million in Botswana’s carbon and land restoration markets, creating 1000 jobs and cutting 0.01 percent of global 35.6 billion tonne CO2e emissions. Restoring 10000 hectares could save $15 million in agricultural losses, with scaling to 1 million hectares unlocking $100 million in carbon credits at $50 per tonne. Enhanced biodiversity and fire risk reduction add $10 million in ecosystem value. However, 70 percent of ranchers lack funding for bush control, risking $5 million in delays. The project supports $164 billion in global circular economy trends, echoing Saudi Arabia’s DAC efforts.

 

Corporate Governance and Transparency

 

Boomitra’s operations align with 95 percent of global sustainability standards, avoiding $1 million in penalties. Partnerships with Brahmans Botswana and Namibia Resource Consultants ensure local expertise, saving $500000 in implementation costs. Integration with Puro.Earth’s verification supports $100 million in carbon market trust, aligning with $1 trillion in global sustainability markets. Real-time monitoring contributes 0.005 percent to CO2e reductions, but 20 percent of BiCRS projects lack long-term data, risking $2 million in credibility.

 

Challenges to Scaling

 

Only 10 percent of Southern Africa’s degraded lands use carbon removal solutions, needing $30 million for infrastructure. Energy costs for biomass processing, with 15 percent reliance on non-renewable sources, risk $3 million in inefficiencies. Competition from chemical bush control, 20 percent cheaper, threatens 5 percent of the $200 million market. Global policy shifts could divert $10 million, impacting Arctic species conservation. Data gaps in long-term storage add $2 million in verification costs.

 

Explore OneStop ESG Marketplace: Carbon offset services

 

Future Outlook

 

By 2035, scaling to 1 million hectares could drive $500 million in climate markets, cutting 0.05 percent of CO2e emissions. Partnerships with 10 regional firms may save $50 million in costs. Global climate summits could align $1 billion in markets. Scaling needs $100 million to bridge $5 billion in opportunities.

 

Explore ESG Solutions on our marketplace - OneStop ESG Marketplace.

 

Keep abreast of the top ESG Events on OneStop ESG Events.

 

OneStop ESG Educate: Your go-to source for top ESG courses and training programs tailored to your needs.

 

Stay informed with the latest insights on OneStop ESG News.

 

Discover meaningful career opportunities on OneStop ESG Jobs.