Space Intelligence Selected by Verra for Multi-Year Deforestation Risk Mapping Work

According to a recent LinkedIn post from Space Intelligence, Verra has selected the company as one of three data service providers to deliver allocated deforestation risk maps under methodology VM0048 and its module VMD0055. The engagement reportedly covers jurisdictional activity data, forest cover benchmark maps, and allocated deforestation risk maps over a five-year period, starting with projects in the Philippines and Brazil’s Mato Grosso state.

The post highlights that concentrating work among three “proven” providers is expected to streamline Verra’s data development process, potentially improving clarity for carbon project developers and offtakers regarding baselines, supply, and timing. For investors, this could signal a more embedded role for Space Intelligence in the Verified Carbon Standard ecosystem, which may support revenue visibility if the methodology gains broad market adoption.

Space Intelligence’s post also notes that it has already produced seven forest cover benchmark maps for Verra in countries including Tanzania, Kenya, Ethiopia, Indonesia, Timor Leste, and Argentina. This continuation and expansion of the relationship suggests growing dependence on the firm’s remote-sensing and analytics capabilities, which may strengthen its competitive position in nature-based carbon markets and differentiate it from smaller or newer geospatial data providers.

Commentary from co-founder and chief scientist Ed Mitchard in the post frames the new methodology as a “modern approach” informed by lessons from first-generation REDD+ methods, emphasizing independent, conservative baselines. If this approach is perceived as more robust by market participants and regulators, Space Intelligence could benefit from increased demand for high-integrity data products as carbon markets mature and scrutiny of project baselines intensifies.

The focus on forest-rich jurisdictions such as the Philippines and Mato Grosso positions the company at the center of regions with significant deforestation risk and project pipelines. While financial terms are not disclosed, the multi-year scope and stated ambition to expand to “many more countries” point to potential recurring service opportunities, though revenue scale will depend on Verra’s methodology uptake and the broader trajectory of REDD+ and voluntary carbon market regulation.