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
Demia	Active	a project providing the essential tools needed for carbon markets to work effectively, unlocking and scaling the financing needed to meet decarbonization goals. Our layer 2 data protocol and platform enable projects to secure data, remove friction, amplify impact and unlock value.		United States	2018	N/A	IOTA,Demia,IoT
Diatom DAO	Inactive	a Decentralized Autonomous Organization (DAO) focused on building and investing in data-driven solutions for ocean conversation. Their first project, Plastic Removal Credits (PRC), is a digital token backed by plastic removed from the ocean.
Digital Ocean NFT	Active	a project designed to help developers, startups and small and medium-sized businesses (SMBs) build, deploy and scale applications to accelerate innovation and increase productivity and agility.		United States									Oceans
Dimitra Technologies	Active	the Dimitra agriculture platform incorporates inputs from mobile app, sensors, satellite, and DNA tests. Machine learning is then applied to transform complex data into practical and actionable recommendations so farmers can increase yield, reduce cost, and mitigate risk.		Belize	2019	DMTR	Ethereum	dMRV - digital MRV,Trading - Carbon crypto-currency	Governance Token	Yes	ERC-20 participation and incentive token. this DMTR token is not a carbon credit token, although dimitra is looking into it				Not Applicable
DualChain	Active	a carbon-negative blockchain exchange, tackling global famine and climate change. Our token exchange uses the 0.5% trade commission to help users offset CO2 and provide life saving meals with every trade	London	United Kingdom	2021	N/A		Trading - Marketplace,dMRV - digital MRV		No						N/A
EcoRegistry	Active	a registry platform solution for carbon crediting standards and country to safeguard the information that supports the climate assets and also the accounting system for those climate assets	Global	Global	2017		Multichain	dMRV - digital MRV,dMRV - dMRV (other),Retiring - Offsetting,Retiring - Insetting,Retiring - API automation,Retiring - Retiring (other)	CO2e unit,Biodiversity credit,Other natural asset (eg one token = one tree..)	No		Air Carbon Exchange,Climatetrade,Own platform,Senken	Forestry & Land Use,Renewable Energy,Agriculture,Energy Efficiency,Waste disposal	Carbon Avoidance,Carbon Removals,Biodiversity credits,SDGs,Emissions accounting across supply chain (Footprint,LCA..),Other environmental credits	Traditional registry credit	CDM, Cercarbono	Yes
ecoriseDAO	Active	a DAO investing in earth ecosystems - rewarding land owners for managing their land with regenerative practices & selling the data & the climate certificates generated by the land	Distributed	Distributed	2021		Solana	Tokenizing - Digital native tokens,dMRV - digital MRV	CO2e unit		RISE	Own platform	Forestry & Land Use,Agriculture	Carbon Avoidance,Carbon Removals	Native credit token
EcoSapiens	Active	a Web3 ecosystem designed to fix the real one. Introducing the world's first perpetual carbon-capture NFT. Each Ecosapien is backed by 16 tonnes of carbon, which offsets an entire year's worth of carbon in 1-clic	San Francisco	United States	2022		Ethereum	Tokenizing - Registry,Retiring - Offsetting	CO2e unit	Yes	Ecosapiens Genesis Collection (Alpha) NFT as collectibles. Each Ecosapien is backed by 16 tonnes of carbon, which offsets an entire year's worth of carbon in 1-clic	OpenSea		Carbon Avoidance,Carbon Removals	Traditional registry credit	Verra
Eden DAO	Active	a tool to analyze the carbon footprint of an Ethereum wallet	Distributed	Distributed	2021		Ethereum	Others -		No
Emmi	inactive	a private sector, member-led decentralised carbon management platform, where members transparently set their own emission reduction targets then validate their actions in real time across the open, scalable and trusted framework		United States
EO2	Active	a sustainable digital Asset backed by regulated carbon credits that helps businesses and individuals fight climate change.	Saint-Laurent-du-Var	France	2022			Tokenizing - Digital native tokens,Retiring - Offsetting,Trading - Marketplace		Yes
EY OpsChain ESG	Active	an Ethereum-based platform for enterprises to track their carbon emissions and carbon credit traceability					Ethereum,EY Blockchain SaaS	Tokenizing - Bridges,dMRV - digital MRV	Crypto-currency/ stablecoin	Yes			Others

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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.