CO2 storage following the application of Limenet technology in Augusta site

Audit Analysis

This removal project has major evidence gaps on core carbon-accounting elements (baseline approach, additionality, leakage, and reversal management) in the extracted record. While a VVB (RINA Services S.p.A.) and a recent verification report are present, low document readability and missing quantified MRV outputs materially limit confidence in credit integrity and safe claims.

Project Description

Limenet is an Italian climate tech startup pioneering carbon removal through its patented pH-equilibrated Ocean Alkalinization technology. By mimicking natural processes, Limenet permanently stores CO₂ in seawater as calcium bicarbonates. In addition to carbon removal, this solution combats ocean acidification and helps restore marine ecosystems—delivering scalable, transparent, and scientifically verified results.

Red Flags

• ⚠ Additionality approach and whether it was confirmed by the VVB are not found in the extracted record.
• ⚠ Baseline method and any baseline reassessment timing are not stated in available documents.
• ⚠ Leakage treatment (deduction and justification) is not stated in available documents.
• ⚠ Reversal risk management (buffer pool or other provisions) and any reversal events are not stated in available documents.
• ⚠ Low extraction confidence indicates at least one key document was poorly readable, increasing the risk of missing or misread critical details.

Credit Vintages

Nessuna emissione registrata sul registro.

Il marketplace dichiara i vintage: 2024 (non verificato).