What is this working group all about?

We're glad that you asked! That's why we wrote a short & sweet intro to our working group as a paper that you can view here.

What about the blank cells in the database?

Nice catch! You found a cell where we were not sure about what to accurately incorporate into the database. We decided to keep these cells blank. Do you have a suggestion for the blank cell? Happy to hear from you at info@ecota.io

How are the value chain label defined?

A comprehensive overview of the labels used can be found in this document.

Why is my project not listed or information not updated?

The Web3 Carbon space is evolving fast. We did our best to encompass all available data at the time of launch. If we missed your project or inaccurately represented some data about your project: We would love to get your feedback through this form so that we can update the table constantly. We plan on updating this table quarterly.

Join ECOTA

ECOTA Web3 Carbon Database

ECOTA aims to provide industry stakeholders, policymakers, and the general public with the best possible knowledge about Regenerative Finance (ReFi) with a focus on tokenized carbon claims – whether these take the form of carbon offsets, insets or emission reports. We want to add value to the industry in a neutral and fact-based manner. In cooperation with Positiveblockchain.io, we analyzed the current digital environment assets space, focussing on projects that work in the carbon tokenization value chain.

This database is the culmination of the working group "Ecosystem Analysis" that took place from January – October 2023 in cooperation with PositiveBlockchain.io

Web 3 Carbon Database

The PositiveBlockchain and ECOTA Database as of October 2023

This database is free to use under CC BY 4.0

Title	Activity	Description	HQ City	HQ Country	Year Creation	Token ticker	Blockchain	Role in Carbon value chain	Underlying of the token (if any), wether launched of planned	Token launched Yes/No/NA	Token model and standard	Marketplace/platform for token distribution	Type of environmental projects	Types of claims	Paper vs Native credits	Methodologies / standards / registries (planned or in use)	Integration with other web3 x carbon players
BasinDAO	Active	A global DAO reducing/removing carbon, restoring/protecting nature and improving human health/wealth. .basin scales ecosystem & natural carbon sink #restoration and #conservation using #realestate #RWA to solve the climate & nature crises	Carbondale	United States	2016	BASIN		Financing - Funding & Investing		No			Forestry & Land Use	Carbon Avoidance,Carbon Removals,Biodiversity Credits
Beach Token	Active	a blue circular economy platform powered by our native currency $BEACH, bringing together climate conscious consumers, planet-friendly brands and businesses and ocean conservation champions in a single ecosystem where every transaction funds ocean regeneration and climate action.	Londres	United Kingdom		BEACH	BNB Chain
BeKind	Active	the first Indonesian BSC token that facilitates and supports a robust, accountable system of charity/donation by using a clear and transparent platform.		Indonesia
Beond Group	Active	For organisations who want the most competitive energy supply contracts, Beond provide access to the online Zero Carbon Market. At the heart of this market is a reverse auction which automates the tendering and energy supplier bidding process.	London	United Kingdom	2018	Zero Carbon Blockchain Tokens		dMRV - digital MRV		No
BetaCarbon	Active	a fintech company facilitating easy access to the Australian carbon market for investors.	Sydney	Australia	2021	BCAU	Ethereum	Tokenizing - Tokenizing (other),Trading - Marketplace	CO2e unit	Yes	Australian Carbon Credits Units	Own platform		Carbon Avoidance,Carbon Removals	Traditional registry credit
BioCarbon Standard	Active	BioCarbon Registry is a company that develops and manages carbon and biodiversity standards. In this sense, BioCarbon Registry supports the promotion of climate change mitigation actions through low carbon growth or ensuring national and international policies related to sustainable development objectives. BioCarbon Registry as a program registers and certifies GHG projects, in order to provide integrity, transparency and traceability of the Verified Carbon Credits issued.	Bogota	Colombia	2019		Other,LACChain	Tokenizing - Bridges,Retiring - Offsetting	CO2e unit,Biodiversity credit	NA		Thallo	Forestry & Land Use,Renewable Energy,Agriculture,Energy Efficiency,Waste disposal,Transport	Carbon Avoidance,Carbon Removals,Biodiversity credits	Not Applicable	BioCarbon	BioCarbon Registries
Bioledger	Active	a RED II biofuel compliance software & traceability database	London	United Kingdom	2019			dMRV - digital MRV,Tokenizing - Registry	No/Not Applicable	NA		Own platform	Chemical & Industrial,Waste disposal	Emissions accounting across supply chain (Footprint,LCA..)		EU REDII certification for biofuels
Biotoken	Active	a project that lets you convert your CO2 offsets into tokens and trade with them.	Buenos Aires	Argentina	2021	TCOE	Ethereum
Bitgreen	Active	a blockchain company working on carbon tokenization which has be chosen as partner for Gold Standard’s upcoming Readiness Phase for new digital assets
Blockchain for Climate	Active	a Foundation which created the BITMO Platform to enable issuance and exchange of “Blockchain Internationally Transferred Mitigation Outcomes” (BITMOs) as ERC-1155 Non-Fungible Tokens (NFTs) on the Ethereum blockchain. Each token, equivalent to one tonne of CO2 equivalent has all pertinent carbon credit data embedded right into the NFT.	Vancouver	Canada	2017		Ethereum	Tokenizing - Registry,Tokenizing - Tokenizing (other),Trading - Marketplace	CO2e unit		ERC1155 NFT for ITMOs			Carbon Avoidance,Carbon Removals	Traditional registry credit	NDC, ITMOs
Bloomeria	Active	a DAO that helps communities to acquire, manage and safeguard green areas, financed through: - NFTs providing governance rights to their holders ; - Tokenized carbon certificates, providing tokenized carbon to the carbon offset economy.	Namur	Belgium	2020		Ethereum	Financing - Funding & Investing,dMRV - digital MRV		No
Brokoli Network	Active	A crypto exchange which donates fees to climate projects chosen by a DAO community of token holders	Talinn	Estonia	2021	BRKL	Ethereum	Trading - Trading (other)		Yes	BRKL

CSV Herunterladen

Größere Version anzeigen

Harvard Citation:
Roesgen, M. G., Zaehringer, L., Filler, A., Wilke, N., Graf, D., Linggih, N., Lepelletier, T., Soavi, M. (2023). Web3 Carbon Database (October 2023) [Dataset]. European Carbon Offset Tokenization Association (ECOTA) and Positiveblockchain. www.ecota.io/working-groups-ecosystem-analysis

Are you a project owner and want to update your project's information?
Feel free to send us your update through this form (click)!

Our contribution

Why we're open-sourcing this database

Promote Collaboration

Open-sourcing findings allows various stakeholders including developers, environmentalists, and organizations to collaboratively contribute to and refine the knowledge base, tools, or solutions that have been developed. This collaborative environment can lead to enhanced innovations, improvements in carbon credit tokenization technologies, and the development of new solutions to existing problems in the carbon market, ultimately driving the overall progress of carbon emission reduction efforts.

Enhance Transparency and Trust

In the carbon credits market, trust and transparency are paramount. Open-sourcing findings provides a transparent view of the data, methodologies, and results, allowing for open scrutiny and verification of the information presented. This transparency can help in establishing trust among the users, regulators, and participants of the carbon credit ecosystem, which is essential for the growth and acceptance of tokenized carbon credits.

Foster Education and Awareness

By sharing knowledge and findings openly, a wide range of individuals and entities can access and learn from the information available. This can help in raising awareness about the importance and potential of tokenized carbon credits in mitigating climate change. Educating a broader audience can empower more participants to join the efforts in reducing carbon emissions and can lead to a more informed and engaged community, contributing to the global goal of environmental sustainability.

Target group

Our target groups

NGOs and Advocacy Groups

To enhance their strategies and promote the effective adoption of tokenized carbon credits.

Government and Regulatory Bodies

To develop informed policies and regulatory frameworks for the integration and management of tokenized carbon credits.

Corporations and Businesses

To align sustainability efforts with the benefits of tokenized carbon credits, aiding in carbon footprint reduction.

Blockchain and Tech Developers

To design or improve platforms optimized for the tokenization, trade, and tracking of carbon credits.

To enhance their strategies and promote the effective adoption of tokenized carbon credits.

Investors and Financial Institutions

To provide a clearer understanding of the tokenized carbon credit market, opening doors to investment opportunities.

To enhance their strategies and promote the effective adoption of tokenized carbon credits.

Academics and Researchers

To inform studies and curricula in environmental economics, sustainable finance, and blockchain technology.

Häufig gestellte Fragen

In the creation of the database focusing on the tokenized carbon credits space, each segment of the value chain was categorized to provide users a comprehensive understanding of the lifecycle and facilitation of carbon credits. The scope included Financing, (d)MRV (Monitoring, Reporting, and Verification), Tokenizing, Trading, Retiring, and Other, each serving a distinctive role in the carbon credit transaction process. By including these segments, the database offers a multifaceted view of the tokenized carbon credit ecosystem, enabling users to explore, understand, and participate effectively in this evolving market.

We would love you to! This database is CC BY 4.0. You are free to: Share — copy and redistribute the material in any medium or format for any purpose, even commercially. Adapt — remix, transform, and build upon the material for any purpose, even commercially. Under the following terms: Attribution - You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.