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
Climate Futures	Active	a project empowering businesses and individuals to take verifiable and effective action towards a more sustainable world. As an environmental project developer and portfolio manager, we specialize in reducing carbon emissions that cause climate change.	Miami	United States	2019	1PLCO2	Ethereum,Polygon	Tokenizing - Digital native tokens		Yes	ERC-20
Climatecoin	Active	an ecosystem for the digitalization of carbon credit market with an accessible and transparent platform. Launched the GreenClimateDAO, backed by green blockchain network Algorand and VC firm Borderless Capital. Co-Founder also CEO of blockchain-enabled climate marketplace ClimateTrade	Alicante	Spain	2017	ClimateCoin	Algorand			No	ClimaT as governance token. ClimateCoin as digital carbon credits. NFTs. Carbon pools for mitigation and reduction (M-R); carbon removal (REM), renewable energy pool (IREC). Fungible Algorand Standard Assets are then created for M-R, REM, IREC
CO2.Storage	Active	a web3 data storage solution for carbon offsets
CO2DAO	Active	a permissionless carbon market	Distributed	Distributed	2020			Trading - Marketplace		No
CODEX	Active	We tokenize individual carbon negative assets for previously excluded groups, opening the supply side of the lucrative VCM with high quality, data rich, geotagged #NFTrees.	Portland, Ore. / Global	Canada/US/Global	2019	CODEX	Ethereum,Multichain,Other	dMRV - digital MRV,Tokenizing - Tokenizing (other)	CO2e unit,Other natural asset (eg one token = one tree..)	Yes		Nori,OpenSea,Own platform,Uniswap	Forestry & Land Use	Carbon Removals	Native credit token	Open Forest Protocol (OFP), Own methodology	Regen Network
Compensate	Inactive	An impact startup with a non-profit background, Compensate was building a platform that helped businesses and consumers take responsibility for the CO2 emissions they cause, curating the highest quality offsetting in the market. Unfortunately, Compensate faced financial challenges that led to its closure in summer 2023.	Helsinki	Finland	2019
Covalent	Active	a Forward Crediting Platform for Permanent Carbon Removal	Wilmington	United States	2021		IBM Hyperledger
Cozero	Active	a Ethereum-based token issued by Carbon Zero Technologies,Inc.
Cuipo	inactive	a CSR (Corporate Social Responsibility) service provider powered by Blockchain technology for 'Proof of Conservation' whose mission is to facilitate the protection and preservation of the world's endangered rainforest, “One Meter at a Time”
CYNK	Active	a blockchain-empowered financial and technology platform for the creation of high-quality carbon credits and financing of climate action
dclimate	Active	an immutable record for climate data releases to avoid disputes and errors		United States	2021		Ethereum,Chainlink	dMRV - digital MRV,dMRV - decentralized MRV		No							Chainlink
Decarb.earth	Active	a start-up helping to switch enterprises to clean energy so they may stay ahead of the decarbonisation curve.	London	United Kingdom	2020		Polygon

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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.