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
Shamba Network	Active	an oracle that provides ecological data for on-chain monitoring reporting and verification to power carbon credits on farms.	Nairobi	Kenya	2021		Arbitrum,Avalanche,Ethereum,Optimism,Polygon,Chainlink	dMRV - Oracles		No		Regen	Agriculture
Single.Earth	Active	an online platform that enables forests, wetlands, and other natural resources to generate profit without being sold as raw materials … but instead as carbon offsets and biodiversity offsets,”	Tallin	Estonia		MERIT		Tokenizing - Digital native tokens		Yes	ERC20	Solscan	Forestry & Land Use,Agriculture,Oceans			Own
Sustaim	Active	a young start-up providing access to highly qualitative and transparent CO2 offsetting projects via our marketplace. Through tokenization technology, we are validating the impact of companies' offsetting efforts and thus making sure that actual positive influence on our environment is achieved	Frankfurt	Germany				Trading - Marketplace		NA		Sustaim				Open, may be paper or not
UPCO2	Active	a token reducing/removing carbon, restoring/protecting nature and improving human health/wealth	Great Lakes	United States	2020	UPCO2	Ethereum	Trading - Carbon crypto-currency		Yes	ERC-20
Wren	Active - no blockchain any longer	an application that helps its users to live carbon neutral by accounting for and offsetting your carbon emissions through transparent climate projects.	San Jose	United States	2019			Retiring - Offsetting
123Carbon	Active	123Carbon is an independent platform for the creation, management and allocation of carbon insets derived from multi-modal low carbon transport activities.	Schiphol	Netherlands	2021		Algorand	Tokenizing - Tokenizing (other),Retiring - Insetting	CO2e unit	Yes		Own platform	Transport	carbon insets	Not Applicable	CORSIA, EU ETS, EU RED II
Carbonds	Active	A cutting-edge environmental framework, accompanied by a suite of tools specifically crafted to transform the assessment and management of your company's carbon emissions.	Clermont-Ferrand	France	2022	CBT	Bitcoin,Ethereum,Multichain,Polygon	Financing - Funding & Investing,Financing - Financing (other),Tokenizing - Tokenizing (other),Trading - Marketplace,Trading - Carbon crypto-currency,Retiring - Offsetting	Governance Token,Other natural asset (eg one token = one tree..)	No		Own platform,Carbonds Marketplace	Forestry & Land Use,Renewable Energy,Chemical & Industrial,Energy Efficiency,Waste disposal,Oceans	Carbon Avoidance,Carbon Removals,Emissions accounting across supply chain (Footprint,LCA..)	Traditional registry credit,Native credit token	Carbon Standards International, Gold Standard, Verra, Riverse	Pleno
CRED	Active	a clean, green currency for the metaverse.
Neutral	Active	an exchange for environmental assets. We combine tokenized carbon credits, renewable energy credits, and carbon forwards with specialized market infrastructure to deliver efficiency, transparency, and trust in these markets.	New York	United States	2022

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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.