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SEQANA GmbH

Project description

Tailor-made software solution to improve nature-based solutions that fight climate change

Soil organic carbon (SOC) content is a convenient proxy for soil health, productivity, and resilience. Sequestering carbon in soils can be an important step to mitigate climate change by reducing atmospheric CO2 and building healthier ecosystems. Carbon certificates (insets and offsets) can be an effective way to finance Nature-based climate solutions like soil regeneration. For dependable certification, developers of SOC projects need reliable and affordable measurements. Current methods for compulsory monitoring, reporting, and verification are restrictively costly and time consuming. The EU funded Seqana aims to unlock the potential and maximise the impact of SOC by delivering a low-cost, highly accurate, and farmer-friendly satellite-assisted Software as a Service solution.

Objective

Seqana empowers the agents of climate positive action to maximize the impact of Nature-based Climate Solutions (NCS).

Soil Organic Carbon (SOC) growth is an essential component in the fight against climate change. For trustworthy certification, project developers of NCS require reliable quantification of carbon sequestration in soils. Existing solutions for mandatory monitoring, reporting and verification (MRV) are one of the main drivers of cost and effort, and the limiting factor for new project development.
As a carbon data analytics company we provide a breakthrough satellite-based SaaS (Software as a Service) solution.

To date there is no tailor-made solution for this use case that provides better (or even similar) customer value. Our service powered by Earth Observation is low in cost (up to 90% lower then established services), has the highest accuracy (up to 30% more accurate than current comparable approaches) and is easy to use and available on any digital device.

Fields of science (EuroSciVoc)

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Keywords

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended Finance

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) HORIZON-EIC-2021-ACCELERATORCHALLENGES-01

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Coordinator

SEQANA GMBH
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 2 410 174,00
Address
ORANIENSTRASSE 183
10999 Berlin
Germany

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Berlin Berlin Berlin
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 3 443 106,25
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