#Japan #Tokyo #Biochar #Carbontribe Labs #CommerceOne Holdings

Partnership Overview

Carbontribe Labs OÜ, an Estonian climate tech firm based in Tallinn, has joined forces with CommerceOne Holdings Inc., headquartered in Tokyo, along with its group company TradeSafe. This partnership aims to implement digital technologies for generating environmental value from biochar manufacturing, focusing particularly on carbon-neutral certifications and the creation of verifiable digital environmental credits.

The Role of Digital Technology

Through this collaboration, Carbontribe Labs will apply its advanced AI and blockchain technologies to the biochar and hydrogen production test plants owned by Enecycle Co., Ltd., a subsidiary of CommerceOne Holdings. This initiative will utilize a so-called "Digital Biochar Methodology" to visually represent and monetize carbon reduction values derived from biochar, such as transition credits, in an internationally verifiable format. Such advancements will not only enable the crediting of carbon offsets but will also facilitate better ESG reporting and add value to customer products.

Background and Purpose of the Biochar Business Alliance

CommerceOne Holdings, via its subsidiary Enecycle, possesses the technology to convert biomass materials, such as food waste and coconut shells, into high-quality biochar without relying on fossil fuel sources. This process serves as a cleaner alternative to conventional coal, contributing significantly to greenhouse gas reduction efforts. By doing so, CommerceOne aims to offer both environmental and economic value as part of its business strategy to build a circular economy.

About Carbontribe Labs

Carbontribe Labs stands out as an environmental technology company in Tallinn, Estonia. They have developed and operationalized the internationally recognized standards known as the "Carbontribe Standard," certified by the UK’s Earthood.

Key Features of Carbontribe Labs

• - Integration of AI, computer vision, and blockchain into a digital MRV (Monitoring, Reporting, and Verification) technology.
• - Visualization of corporate environmental activities through objective data to prevent greenwashing.
• - Proven success in various environmental projects, particularly in Europe.

The technology of Carbontribe Labs has gained international recognition as a next-gen platform ensuring transparency and trustworthiness of environmental value.

Details of the Business Partnership

In this alliance, Carbontribe Labs has developed a proprietary methodology named the "Biochar Derived Decarbonization Verification Methodology" to accurately measure and validate carbon sequestered through biochar production. By integrating AI and data science, this methodology automates the accurate assessment of the carbon sequestered and environmental contributions from biochar plants. The results of these assessments are recorded and published on the blockchain, ensuring the trustworthiness and transparency of the project.

Efficiency Improvements from the Technology Implementation

Compared to traditional carbon credit generation and management processes, this partnership delivers remarkable efficiency improvements, including:

• - Reduction of carbon credit generation time to approximately 1/20 of the original period.
• - Cut operational costs of credit certification and issuance by around 50%.
• - Full data transparency by publicly logging CO2 reduction figures on the blockchain.

Moreover, the calculated environmental value from this methodology can be effortlessly transferred into global ESG (Environmental, Social, and Corporate Governance) evaluation frameworks and reporting standards like CDP, S&P Global, and GRI.

Value of the Service

Organizations purchasing digital biochar credits produced through this technology will experience several advantages:

• - Objective proof of their contributions to decarbonization.
• - An improvement in ESG scores, including Scope 3 (entire supply chain emissions).
• - High transparency through blockchain technology, avoiding the risks associated with greenwashing.

As a result, companies that acquire these credits can expect elevated enterprise value and favorable investor evaluations.

Future Developments

Through this collaboration, both companies are poised to facilitate the growth of a healthy and reliable Carbon Dioxide Removal (CDR) market. They will look toward engaging with the international carbon credit market and expanding their global environmental impact and business reach. This will enable firms to validate their contributions to decarbonization activities using objective data. Looking ahead, there is a forecast for developing new enterprise value enhancement services driven by the credible environmental value (digital credits) reinforced by blockchain technology.

For more information about Carbontribe Labs, please visit their website or their LinkedIn page. For inquiries, contact them via email at [email protected].