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.

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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
Silvi	Active	a mobile app with the purpose of enabling tree steward to track and report ground truth on their reforestation projects, share the process of stewarding individual trees with community and funders, and engage in reforestation-based games with friends.					Celo,Regen Network	Tokenizing - Digital native tokens,dMRV - digital MRV	Biodiversity credit,CO2e unit	No	NFT	Regen	Forestry & Land Use	Biodiversity credits	Native credit token		Celo, Regen Network
SPE	Active	a carbon sequestration project	Bradford	United Kingdom	2021	SPE, LECCNFT	Phantasma,SPEChain	Trading - Carbon crypto-currency,Financing - Funding & Investing	Crypto-currency/ stablecoin	Yes	ERC-20, BEP-20	PancakeSwap	Forestry & Land Use	Carbon Avoidance
Suma	Active	A sustainability-focused Software-as-a-Service (SaaS) solution, designed to assist businesses and ecosystems towards net zero emissions.	Tortola	British Virgin Islands	2019	LCO2	Ethereum,Poplygon	Retiring - Offsetting	CO2e unit	No	Utility, NFT	Likvidi Marketplace	Others			Verra, Gold Standard, BioCarbon, ACR, Plan Vivo, Puro.earth
Tentree/ veritree	Active	a project empowering businesses to integrate verified restorative actions into their business model. Our technology provides transparency throughout the lifecycle of restorative projects, matches these projects with mission aligned corporate partners, and ensures the projects’ ongoing impacts are authentic and reported. Our platform provides these corporate partners with unique digital experiences for their customers to showcase the size and scope of their global restorative impact. Our solutions are designed to harness the power of businesses and individuals to scale the restorative economy.	Vancouver	Canada	2021		Cardano	dMRV - digital MRV,dMRV - decentralized MRV		No			Forestry & Land Use
The AEternals	Active	a metamorphic NFT project on a mission to protect and guard the Amazonian Rainforest through 3D art, impact, and gamification. Powered and connected in real-time to the Forest through Iot Sensors.	Toronto	Canada	2021					yes		Opensea
The Carbon Token Project	Active	a platform that uses block chain technology to verify the existence of a living tree and issues crypto currency against it.	London	United Kingdom	2021	Carbon Token Project		Tokenizing - Digital native tokens,Financing - Funding & Investing		NO	ERC-20
TreeDefi	Active	a DeFi Yield Farming platform that focuses on environmentally friendly activities. ⅓ of the deposit fees on their platform go to tree planting organizations and private planting.	London	United Kingdom	2021	TREE, SEED, TCO2, COT, NFTREE	BNB Chain,BSC	Trading - Carbon crypto-currency,Trading - Marketplace		Yes	NFT	PancakeSwap	Forestry & Land Use	Carbon Removals,Biodiversity credits	Native credit token
Treejer	Active	a decentralized reforestation protocol connecting global tree funders to rural planters in less developed countries in a unique way that benefits all contributing individuals	Tallinn	Estonia	2018		Ethereum,Polygon	Financing - Funding & Investing			NFT		Forestry & Land Use	Carbon Avoidance,Carbon Removals
Verdant	Active	a start-up from Berlin willing to leverage AI and web3 for biodiversity and environmental asset creation especially as insetting solutions for companies caring about their impact on the environment	Berlin	Germany	2023
Veridium	Active	working to adapt the Hyperledger Fabric to enable IBM to track token-carbon credit transfers on Stellar’s blockchain	Hong Kong	China	2016					no
Veridium Labs	Active	an environmental blockchain company that has created the world’s first net-positive environmental & social impact offset token	Hong Kong	Hong Kong	2016			Trading - Marketplace			ERC-20	Veridium				Paper	IBM, Stellar
W Green Pay	Inactive	a Stellar-compliant token issued to reward the general public’s participation in the HOOXI campaign — a Korea government-backed Greenhouse Gas (GHG) emission reduction campaign led by W-Foundation	Singapore	Singapore	2018		Stellar	Trading - Marketplace,Tokenizing - Digital Native tokens

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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.