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
Fransin Farm Norway	Active	a project using emerging tech including tokenization to enable farmland owners to monetize their land while preserving its use and ownership.
Fuel-Swap	Active	a Digital Layer to incentivise production & use of Carbon Neutral Fuel (CNF) and replace Fossil at scale by 2030. The project has been active with displacement of fossil fuel emissions in Formula1 by incentivizing use of synthetic fuels.	Berlin	Germany	2020	CNF		dMRV - dMRV (other),Tokenizing - Registry	No/Not Applicable	No			Chemical & Industrial	Emissions accounting across supply chain (Footprint,LCA..)	Not Applicable
Fund the Planet	Active	a platform that will bridge the gaps between technology, humanity and nature, to achieve the crucial goal of conserving our planet's ecosystem by protecting endangered rainforests while concurrently offsetting the impact of our daily lives on the planet. We aim to redefine living sustainably by making it more convenient and accessible.	Munich	Germany	2021	Rainforest Token	Polygon,Ethereum			Yes
Gainforest	Active	a transparent, scalable platform that allows anyone to become a stakeholder via blockchain-powered smart contracts. To help stakeholders be effective caretakers, we're building AI-powered tools, starting with our neural network-powered predictions of areas-at-risk for deforestation	Zurich	Switzerland	2017	NFTrees	Solana	dMRV - digital MRV,dMRV - decentralized MRV,Financing - Funding & Investing		Yes			Forestry & Land Use				Filecoin
Geagora	Inactive	a new currency backed by carbon removal assets, key to reversing climate change
Goodcarbon	Active	a digital investment and trading platform made in Germany. We empower conscious companies to conserve and restore nature by funding high-impact, verified Nature-based Solution projects in return for high-quality carbon credits.	Berlin	Germany	2021								Forestry & Land Use,Agriculture
Green Carbon Standard	Active	a project Tokenising green bonds and carbon credits.	Cape Town	South Africa	2022		BNB Chain	Financing - Financing (other)		No
Greenertokens	Active	a project tokenizing green assets according to each project. Whether it's for tokenizing ESG assets or even in the solution and design of governance in the exchange process with the market.
GreenToken by SAP	Active	a Chain-Of-Custody supply chain solution that offers companies a new level of transparency in their complex raw material supply chain.	San Francisco	United States	2020			Tokenizing - Tokenizing (other)					Chemical & Industrial	Emissions accounting across supply chain (Footprint,LCA..)			Quorum enterprise, Hyperledger Fabric
GreenTrade Impact GmbH	Active	a platform enabling to finance future nature- and tech-based carbon projects. Our role is to help companies decarbonize and to meet their net-zero goals by providing tailored impact projects that fit their operations. Our mission is to mitigate climate change by reducing 100m TONNES OF CARBON BY 2030.	Eberswalde	Germany	2022		Lukso	Financing - Forward structuring,Trading - Marketplace,Retiring - Offsetting	CO2e unit	No		GreenTrade	Forestry & Land Use,Agriculture,Oceans	Carbon Avoidance,Carbon Removals,Biodiversity credits	Not Applicable	American Carbon Registry (ACR), BioCarbon, Gold Standard, Regen Network, Verra	Ecota, Green Tech Alliance, Varaha
GRNGrid	Active	a sustainable blockchain with a proof of stake v2 model which primarily relies on the usage of green energy! There are features exclusive to the Grid's blockchain that include EnScrypt, ExNode, GrnPay, and of course scalable low-cost gas transactions.	Zug	Switzerland		GRN	Grid	Trading - Carbon crypto-currency	CO2e unit	Yes	ERC 20	LBank,BitMart,XT.com,Latoken,Knaken	Energy Efficiency,Renewable Energy				Polygon
GuildOne	Active	IoT-Verified Carbon Credits on the Cardano Network	Calgary	Canada			EBX	dMRV - digital MRV					Renewable Energy	Carbon Removals

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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.