Key Takeaways
- Global Agtech company Dimitra has launched Dimitra Carbon — a new initiative aimed at supplying DMTR Carbon Credits to smallholder farmers.
- Dimitra Carbon utilizes blockchain technology to ensure that every DMTR Carbon Credit is fully traceable and verified.
- By reducing the costs and time investment required to generate tradable, verifiable carbon credits, Dimitra Carbon empowers farmers across South America, Africa, and Asia.
- The global carbon credit market is projected to reach $50 billion by 2030.
Global Agtech company Dimitra has launched Dimitra Carbon, an initiative that aims to democratize the carbon offset market. Dimitra Carbon will provide DMTR Carbon Credits that are rigorously verified, traceable, and compliant with stringent environmental standards.
Built on blockchain technology, Dimitra Carbon offers an unprecedented level of transparency and credibility in the carbon offset market. Each DMTR Carbon Credit is fully traceable back to its origin, ensuring that credits are verified by stringent monitoring and reporting standards. This eliminates the risk of credits being sold multiple times, providing unmatched assurance to buyers.
One of the most transformative aspects of Dimitra Carbon is its focus on inclusivity. By leveraging blockchain, the initiative makes the carbon market accessible to approximately 500 million small-scale farmers worldwide who have been traditionally excluded due to the high costs and time investment required to generate tradable, unique, and verifiable carbon credits.
Dimitra expects this democratization to empower farmers across South America, Africa, and Asia, regions where it already collaborates with local agricultural communities.
“Our mission with Dimitra Carbon is to create a sustainable future by empowering farmers and offering high-quality carbon credits,” said Jon Trask, CEO of Dimitra.
“By integrating blockchain technology, sustainability, and agriculture, we can make a meaningful impact on climate change and drive positive transformation to communities worldwide. Our dedication to this initiative underscores our commitment to environmental sustainability and supporting local farmers and crypto communities,” Jon added.
The deployment of the DMTR token not only expedites the process of carbon credit offsetting but also adds a layer of traceability and trust, aligning with regulatory requirements. This initiative allows businesses to reduce carbon costs through clear and verifiable data, simplifying auditing and verification processes.
To further incentivize corporate participation, Dimitra offers a 10% discount on carbon credits purchased using the DMTR token. This discount aims to encourage companies to minimize their carbon footprint while supporting the growth of a transparent and reliable carbon credit market.
Diego Costa, COO of Dimitra, highlighted the significant potential of the carbon credit market: “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 projections reaching $50 billion by 2030. The demand for high-quality carbon projects has never been higher.”
To meet this demand, Dimitra has appointed a carbon program lead to collaborate with its data science team. This dedicated focus on the carbon market is already attracting interest from various countries eager to join the DMTR Carbon project.
Dimitra Carbon’s first project is set to launch in Africa, where the company has already begun working with local farmers to integrate sustainable agricultural practices. By combining cutting-edge agricultural technologies with environmentally sustainable methods, Dimitra is enabling farmers to boost productivity while minimizing carbon emissions.
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