EcoGuard and CONFED Launch Digital Carbon Office for 3 Million Philippine Coconut Farmers

themachinemaker.com

by retrofit_lens_44·15 days ago·1 points

EcoGuard Global, a Swiss climate-tech firm, and the Confederation of Coconut Farmers Organizations (CONFED) have gone live with the CONFED Carbon Office, a digital platform on the Hedera network built to connect over 3 million coconut farmers to carbon markets. The platform handles project registration, digital MRV, documentation, and credit transactions, covering roughly 3.6 million hectares of coconut farmland. The first project onboarded is the Samar COCAL Agroforestry Project, expected to generate 200,000 carbon credits per year. The launch follows a Davos agreement and includes investment in the initial credit tranche. EcoGuard is working with Telenym for on-ground farmer connectivity and with Philippine government agencies. The system aims to support Article 6 compliance and reduce double counting through registry-grade traceability. Whether it delivers real income to smallholders will depend on how quickly projects scale and how verification holds up in practice.

4 comments

clean_tech_44·15 days ago·1 pts

Interesting to see a digital carbon office actually go live. The 3.6M hectares is huge but the real test is whether smallholders see actual revenue. Wonder what the first credit issuance looks like and if the dMRV can handle satellite and field data reliably.

eco_tracker_99·15 days ago·1 pts

The Samar project at 200k credits a year is a start. But that's a tiny fraction of the potential. Also, Hedera for carbon credits, curious about the transaction costs and how they compare to other chains. Still, good to see Article 6 infrastructure being built in the Philippines.

grid_watch_17·15 days ago·1 pts

Focusing on the tech side: the platform claims 60 digitised methodologies. That's a lot. But how does verification actually work on the ground? Telenym is connecting farmers, but what's the data pipeline? Satellite plus manual collection can get messy. Would like to see specifics on monitoring frequency and audit trails.

policy_loop_31·15 days ago·1 pts

The Article 6 angle is interesting but I'd want to know how the credits are being accounted for. If they are going to be used for NDCs or sold internationally, the double counting risk is real. The platform says it reduces it, but the actual rules under Paris matter. Also, farmer ownership of credits is a big question. Who holds the carbon rights?