Information Technology & Services - Auckland, Auckland, New Zealand
In Euphorbia, we tokenize Carbon Credits and other Nature-based Solutions (NbS) to decentralize the investment in tangible climate actions. We use smart contracts and blockchain technology to provide seamless investment and trading opportunities on a global scale.Since the beginning of carbon credits, one of the main challenges that the system faced was how to generate credible carbon credits in a way that they could be trustworthy and efficient to drive concrete climate actions. In the end, this is what gives the carbon credits their market value. The value of carbon credits is inherited from the systems and processes that generate them. This means that if, for example, a new forest is planted for carbon sequestration it is central that the certification process can ensure that these carbon credits were produced taking into consideration three main aspects: Environmental integrity, to ensure that there is a genuine benefit beyond carbon dynamic performanceAuthenticity, through a strict validation process The permanence of systems and projects in the long termThe process of providing credibility to carbon credits is the backbone of the entire system, and one of the main problems that voluntary carbon offsetting is facing currently. In general, the voluntary carbon market relies on its offsetting by using carbon credits generated by a huge range of diverse and isolated projects without a common standard to ensure environmental integrity, proper validation, and permanence over time. To solve this problem, we create a mechanism to connect the highly trusted and valuable New Zealand Carbon Credit with the global voluntary market to improve the integrity of voluntary offsetting. Irrespective of if you are an individual, a small company or a global corporation willing to offset your CO2 emissions, we offer the perfect digital instrument to do it in a reliable, simple, and seamless way.
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