Bolivian agroforestry carbon credits available on DOVU marketplace

Verified Bolivian agroforestry carbon credits from the Amazon Basin are now available to buyers worldwide, directly financing sustainable agriculture and climate action through blockchain technology.

In a significant milestone for environmental conservation and regenerative finance (ReFi), Ketrawe has officially listed its first tranche of verified carbon credits on the DOVU marketplace, powered by DOVU OS. Over 1,000 credits generated during 2023 are available, and represent measurable carbon sequestration from reforestation in Bolivia’s Amazon Basin.

These carbon credits have been minted using the Hedera Guardian on the Hedera mainnet, ensuring unparalleled transparency and traceability in the carbon market. By leveraging distributed ledger technology, each credit is uniquely identifiable, immutable, and publicly verifiable. This supports the creation of a new standard for trust in environmental assets.

Rigorous third-party verification ensures credibility of credits

The carbon credits have been independently verified by CarbonSpace, a leading provider of satellite and AI-based environmental monitoring. This verification follows the dMRV CarbonSpace v1.1 eddy covariance methodology, aligned with internationally recognised standards, including:

• ISO14000
• The Greenhouse Gas Protocol
• Science Based Targets initiative’s Forest, Land and Agriculture (FLAG) Guidance

Consequently, this verification process provides buyers with confidence that the carbon impact is real, measurable, and compliant with global standards.

Sustainable agroforestry in the Amazon Basin

The Ketrawe agroforestry project has reached a milestone in promoting sustainable land management and improving Amazon farmers’ livelihoods. Through strategic tree planting initiatives, Ketrawe has helped restore the ecological balance of the region while simultaneously boosting agricultural productivity.

The key benefits of Ketrawe’s agroforestry approach include:

• Protection for crops against harsh weather conditions
• Prevention of soil erosion and degradation
• Enhanced biodiversity in previously depleted areas
• Carbon sequestration to mitigate climate change

Direct financing model: Connecting buyers with real impact

What sets Ketrawe’s carbon credit offering apart is its direct financing model. Credits purchased on the DOVU marketplace direct funds straight to the project, ensuring resources reach communities without intermediaries.

Essentially, this direct financing approach means:

• Greater transparency in how funds are utilised
• Increased financial resources available for project implementation
• Stronger connection between buyers and the actual carbon sequestration activities
• Enhanced potential for project expansion and replication

Irfon Watkins, CEO of DOVU, commented: “What’s exciting about Ketrawe is seeing real impact on the ground that buyers can directly support. We’re cutting out the middlemen and using tech to make sure farmers doing the hard work of reforestation actually get the financial rewards they deserve.”

Future agroforestry carbon credits

The 1,108 credits currently available represent just the beginning of Ketrawe’s carbon credit offerings. Additional tranches from other years will be minted and made available for purchase once further verification processes are completed.

Critically, this phased approach maintains quality control while providing sustainable financing for ongoing operations and expansion.

Why agroforestry matters

Agroforestry projects like Ketrawe represent a crucial intersection between agricultural productivity, ecological restoration, and climate action. By integrating trees into agricultural landscapes, these initiatives address multiple challenges simultaneously:

1. Climate resilience: Helping farming communities adapt to changing climate conditions
2. Biodiversity conservation: Preserving and restoring habitat for countless species
3. Sustainable livelihoods: Improving long-term agricultural productivity and economic stability
4. Carbon sequestration: Removing CO2 from the atmosphere through natural processes

Verified carbon credits from Ketrawe offer organisations a compelling way to meet sustainability goals while creating measurable environmental and social impact.

Ignacio Molina, Founder, Ketrawe Foundation, said, “We’ve spent 20 years fine-tuning our agroforestry methods to maximise both crop yields and climate impact. Now we’re finally able to reward the farmers who’ve trusted our approach. Getting these first credits to market means the people doing the real work can actually benefit financially from their sustainable practices.”

Geza Toth, CEO of CarbonSpace added, “Our satellite and AI monitoring gives buyers confidence that the carbon impact is real and measurable. By combining eddy covariance methodology with remote sensing, we can verify Ketrawe’s forest impact without expensive ground operations. 

“Unlike mainstream approaches that focus solely on soil or above-ground biomass stocks, our MRV operates at the ecosystem level, delivering near real-time insights with daily diagnostics. This tech-driven approach is helping make high-quality carbon credits more accessible to projects of all sizes.” 

Bringing the balance sheet of the planet to the public ledger

Ketrawe’s carbon credits, minted on the Hedera Guardian, represent a crucial step towards climate finance transparency. There’s growing recognition that “the balance sheet of the planet should live on a public ledger” to ensure that all climate finance transactions are visible, verifiable, and accountable.

The Hedera Guardian enables this by ensuring:

• Transparency: All transactions and claims are visible and verifiable by any stakeholder
• Accessibility: Data and information is available to all market participants
• Auditability: Independent verification of climate finance transactions is seamless
• Discoverability: Market participants can easily find and evaluate carbon assets
• Liquidity: Efficient markets allow a smooth trading experience

Wes Geisenberger, VP Sustainability and ESG at HBAR Foundation said, “With the Hedera Guardian, we’re enabling improved trust and transparency to carbon markets. This technology makes it possible to track Ketrawe’s credits and help enable our planet’s balance sheet supported by digitised and open source methodologies. This kind of digital infrastructure is exactly what’s needed to scale climate solutions and enable market scale transparency,”

You can purchase Ketrawe carbon credits on the DOVU marketplace and support sustainable agroforestry in the Amazon Basin while participating in the evolution of transparent climate finance.