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	Methodologies / standards / registries (planned or in use)	Integration with other web3 x carbon players
Bumoon coin in indonesia	Active	an Eco-living token that reduces negative ecological impacts and improves environmental health by implementing multiple green campaign activities incorporated within technology and business.		Indonesia	2021	BuMooN		Financing - Forward structuring,Tokenizing - Digital native tokens	Crypto-currency/ stablecoin	yes			Renewable Energy			Pancakeswap, LbBank, Bobablocks, Coingeko
BYD	Active	a carbon banking solution that rewards individual users of electric vehicles with carbon credits
Callirius	Active - no blockchain any longer	a platform that will ensure an efficient, transparent and regulated financing of high-quality, Nature-Based, carbon removal projects.	Pfäffikon	Switzerland	2022			Trading - Marketplace
Carb0n.fi	Active	a Singapore-based, Web3 solution minting Carbon Offset NFTs from high-quality, real-world projects.	Singapore	Singapore	2021	ZRO	Ethereum,Polygon	Retiring - Offsetting		Yes	ERC-20		Agriculture,Renewable Energy
CarbEx	Active	the start-up will will have two platforms catered to the needs of buyers and sellers: an exchange and a project marketplace. The project marketplace enables the purchase of high-quality carbon credits directly from specific projects by multinationals and institutional investors. Carbex™ will use satellite monitoring, machine learning and blockchain to promote transparency, integrity and quality of the carbon credits.	Lagos	Nigeria	2021			Tokenizing - Registry
Carbify	Active	a Gamified tree planting approach in Amazon rainforest using NFTs	Zwolle	Netherlands	2022		Ethereum,Polygon	Financing - Funding & Investing,Retiring - Offsetting,Tokenizing - Tokenizing (other),Trading - Trading (other)		Yes			Forestry & Land Use		Own	Earthwood
CarboLedger	Active	an enterprise platform which aim to accurately calculates carbon emissions across supply chains and use blockchain for transparency	Bangalore	India				dMRV - digital MRV	No/Not Applicable	No			Chemical & Industrial	Emissions accounting across supply chain (Footprint,LCA..)
Carbon	Active	a cross-chain protocol that acts as a building block for DeFi. Carbon is designed specifically to support scalable and secure trading of derivatives and sophisticated financial instruments such as options, futures and bonds.	Singapore	Singapore	2021	SWTH	Cosmos	Others -			ERC-20	Gate.io,LATOKEN,Uniswap,PancakeSwap				Crosschain interoperabiliy
Carbon Char Store	Active	a human-friendly marketplace for carbon dioxide removals. It’s where individuals can compare the permanence, price and volume of different carbon removals using the CCS Classification system – and bid using our own utility-token: Carbon Char Coin. Done via a token and blockchain providing validity to the Carbon removed by Standard Gas	London	United Kingdom	2021	Carbon Char Coin		Trading - Marketplace,Tokenizing - Digital Native tokens		No					CCS tokens
Carbon Collective	Active	a project allowing you to Buy a carbon collectible NFt and receive virtual rights to 1 dedicated hectare of mature forest land (1 hectare is 2.47 acres). This includes rights to pay-to-preserve carbon removal but no physical rights to the land or trees.	Distributed	Distributed	2021	N/A	Ethereum,Polygon	Financing - Financing (other),dMRV - digital MRV		No					N/A
Carbon DAO	Inactive	a ReFi protocol seamless carbon offsetting on-chain emissions.
Carbon Dollar X	Active	a global currency that is 100% backed by Carbon Credits and hard assets. It will be traded on its own proprietary exchange platform and has no fixed cap of circulation, allowing more Carbon Dollar X to be issued as more Carbon Credits are deposited: similar to the functioning of the gold standard.	Labuan	Malaysia	2018	CDX	Ethereum	Trading - Marketplace		No	ERC-20		Forestry & Land Use

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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.