In a collaboration with Zero13 and CarbonCX, Decarb.earth has introduced the world's first fully digital end-to-end carbon credit solution for renewable energy projects. This solution addresses the challenges of quality assurance and transparency that have plagued the carbon credit market.
Marco Funk, CEO of Decarb.earth, says, "There cannot be a just and swift energy transition without transparency. The carbon credit market has been fraught with controversies of low-quality credits and doubtful existence."
"In this context, working with ZERO13 and CarbonCX, we are absolutely delighted to offer this first-of-its-kind fully digital end-to-end carbon credit solution for renewable energy projects," adds Funk.
Funk says, "Working together with Zero13 and CarbonCX, we are truly delighted to offer the world its first fully digital end-to-end carbon credit solution for renewable energy projects."
Hirander Misra, chairperson and CEO of GMEX Group and ZERO13, says, "With a multi-blockchain network-of-networks approach encompassing the diverse capabilities of our partners Decarb.earth, CarbonCX and XTCC, the ZERO13 ecosystem enables digital carbon credits, backed by smart contracts, to be officially accredited, issued, traded and settled to support the advancement of renewable energy technologies that are crucial for a sustainable future."
Dave Tims, founder and head of strategy for CarbonCX Inc., says, "CarbonCX is pleased to announce the completion of this first sale of digital carbon credits from African solar energy projects registered to its next-generation carbon credit platform."
"The sale occurred on the ZERO13 distribution platform into the SECDEX Marketplace, which is setting the global standard for efficient trading, exchange matching and real-time settlement of traditional and digital carbon credits. Working closely with ZERO13 and its industry-leading project partner Decarb.earth, we are also setting the standard for data recording, security and transparency related to digital carbon credits in multiple regions," adds Tims.
According to the partners, the new digital solution ensures unparalleled transparency and credibility of carbon credits from generation to sale. Through a meticulously designed process of credit accreditation, auditing, verification, registration and sale, the solution guarantees the integrity of each credit, thus enhancing trust in the carbon credit market.
"With these credits having now been credited, audited, verified, registered and sold, a low-carbon energy future — within time — looks ever more likely," Funk concludes.
For more information, visit www.decarb.earth.
*Image courtesy of Canva