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Home - Carbon Credit - Dimitra Carbon democratizes access to verified carbon credits
Carbon Credit

Dimitra Carbon democratizes access to verified carbon credits

solarenergyBy solarenergyJuly 9, 2024No Comments3 Mins Read
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Dimitra, a global leader in agricultural technology and sustainability solutions, announces the launch of Dimitra Carbon, a new initiative aimed at delivering DMTR Carbon Credits that are rigorously verified, traceable and meet the highest environmental standards. Built on blockchain, Dimitra Carbon offers fully traceable carbon credits generated from sustainable agricultural projects, providing transparent, verifiable and credible solutions for the carbon offset market.

Using blockchain technology, Dimitra Carbon ensures that every DMTR Carbon Credit is verified by strict monitoring and reporting standards, and fully traceable to its origin, providing unparalleled transparency and credibility. The DMTR Carbon Credits are among the few on the market that are 100% traceable down to the farmer level, allowing companies to verify with certainty that the credits have been generated and not sold multiple times. This greater transparency makes the carbon market accessible to approximately 500 million small-scale farmers worldwide, who are currently excluded due to the high costs and time investment involved in generating tradable, unique and verifiable carbon credits. .

The deployment of the DMTR token accelerates the carbon credit offset process and provides an additional level of traceability and trust, in accordance with the standards of regulatory requirements. Working with Dimitra, this initiative will enable leading organizations and companies to reduce carbon costs through clear and verifiable data that simplify audit and verification processes, while also democratizing access to carbon credits for smallholder farmers.

Jon Trask, CEO of Dimitra said: “Our mission with Dimitra Carbon is to create a sustainable future by empowering farmers and offering high-quality carbon credits. We believe that by integrating blockchain technology, sustainability and agriculture, we can have a meaningful impact on climate change and create a positive transformation for communities around the world. Our commitment to this initiative underlines our commitment to environmental sustainability and supporting local farmers and crypto communities.”

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Dimitra works with farmers around the world, spanning regions of South America, Africa and Asia, combining cutting-edge agricultural technologies with environmentally sustainable practices that enable farmers to increase productivity while minimizing their carbon emissions. Dimitra Carbon is working with the same farmers to launch this initiative, with plans for the first project in Africa already underway. To further encourage corporate participation in carbon offsets, Dimitra is also offering companies looking to minimize or eliminate their carbon footprint a 10% discount on the purchase of Dimitra Carbon credits, provided the acquisition is made using of the DMTR token.

“The global carbon credit market is experiencing unprecedented growth. With an estimated market value of over $1 billion in the voluntary carbon market in 2021 and forecasts of $50 billion by 2030, demand for high-quality carbon projects has never been higher.” Diego Costa, COO of Dimitra added: “Dimitra is committed to meeting this demand and has even hired a carbon program lead to work with Dimitra’s data science team. Together they are studying the carbon market extensively to advance the initiative, and have already seen several countries express their interest in joining the DMTR Carbon project.”

About Dimitra

Dimitra is a global Agtech company on a mission to help small farmers around the world. Dimitra works with governments, government agencies, NGOs and for-profit organizations. The Dimitra platform is built on blockchain technology and includes mobile technology, machine learning, IoT devices, satellite and drone imagery, genomics and advanced agricultural research. Through our data-driven approach, Dimitra helps farmers increase yields, reduce costs and limit risks. Dimitra believes that every small farmer, regardless of their economic status, should benefit from simple, beautiful and useful technology.

See also  Chaos breaks out at company's AGM over Sh100 million carbon credits



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