TerraWatch Essentials · · 4 min read

Last Week in Earth Observation: October 9, 2023

EO for voluntary carbon offsets, heat mapping from space, monitoring the age of forests and focusing on action while monitoring GHGs

Welcome to this edition of ‘Last Week in Earth Observation, containing a summary of major developments in EO from last week and some exclusive analysis and insights from TerraWatch.

In this edition: EO for voluntary carbon offsets, heat mapping from space, monitoring the age of forests and focusing on action while monitoring GHGs.


Four Curated Things

Major developments in EO from the past week


1. Contractual Stuff: Funding, Contracts and Deals 💰

Contracts

My take: This is a big win for all the EO companies, given that the total value of this contract is the second largest share of the total addressable market in Earth observation (following defense).

This is also excellent news for the research community in the US as they get access to diverse, multi-sensor commercial data to complement data gathered from public satellite missions.

2. Strategic Stuff: Partnerships and Announcements 📈

Announcements

Las Vegas, Nevada
Credit: SatelliteVu / BBC

3. Interesting Stuff: More News 🗞️


4. Click-Worthy Stuff: Check These Out 🔗

Credit: Planet

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One Discussion Point

Analysis, thoughts, and insights on developments in EO


5. Earth Observation for GHG Monitoring: Focus on Action

Recently, I published a deep dive on the state of GHG monitoring from space, an overview of the current and planned EO satellites to monitor GHGs and why all of this matters. But I cannot stress this enough.

Irrespective of what the satellites can see, it is all about what we do with it. As much as I demystify the role of EO, I recognise the concept of the "knowledge-action gap." If the knowledge gathered from EO has not resulted in meaningful action, then the value of EO is not fully realised.

In the case of GHGs, as you can read in the essay, there are four fundamental steps involved in the EO-based GHG monitoring process: detection of GHG emissions from satellites, quantification of the GHG emissions, contextualisation of the emissions (e.g. identifying the sources) and taking action by reporting emissions, mitigating them or use them for trading.

As we dig deeper into how EO can support each of those steps, it is important to remember that until the data gathered from satellites is used to drive change, on an enterprise level and on a national/global policy level, the work is not done. It is my hope that every effort being made in the EO sector is done so with the ‘so what’ in mind.

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Scene from Space

One visual leveraging EO


6. The Importance of ‘Young’ Forests

One of the reasons why forests are crucial in our fight against climate change is their ability to absorb and store carbon dioxide from the atmosphere. However new research based on data from ESA’s SMOS satellite mission has found that not all forests are equal - young and middle-aged forests (between 50 and 140 years) played a dominant role in absorbing atmospheric carbon and accumulating biomass. Forests that were 140 years old and above were found to be carbon-neutral.

Age of forests
Credit: ESA

Until next time,

Aravind.

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