Blog IICA

Enhancing the voluntary biodiversity credits market through the application of digital tokens within an integrity protocol framework

Fecha de inicio: 09/06/2023
Fecha de fin: 09/06/2026

Description

The project seeks to develop a protocol for financing biodiversity conservation projects through the use of digital tokens, building upon the protocol that Terrasos has developed for issuing voluntary biodiversity credits. The project resources will focus on developing technology that enables the conversion of voluntary biodiversity credits to biodiversity tokens, the validation process, and their marketing. The main benefit is the conservation of 1,000 hectares of Colombian territory, developing a new climate finance revenue model that will directly benefit communities or organizations that own the lands where the tokens will be issued.

Action scope

National

Evaluated

No

Stage

Implementation- Ongoing

Temporalidad

Medium-term

Number of Years

3 - Year -s

Budget in USD

Budget in USD
$600,000.00
Counterpart Budget
$500,000.00
Total Budget
$1,100,000.00
Annual Average Budget
$366,667.00

Institutions

Institutions Institutions rols
Financing-investor
Terrasos Financing-investor
Terrasos

ÚNETE A LA CONVERSACIÓN:

Si quieres unirte y participar presiona "Quiero Colaborar"; si aún no tienes tu cuenta presiona "Registrarme".