[Green Carbon] Green Carbon Co., Ltd. will be on stage at Thailand Space Week 2024 sponsored by a Thai government agency
Green carbon Press release: November 13, 2024 Green Carbon Co., Ltd. will be on stage at Thailand Space Week 2024 sponsored by a Thai government agency Introducing examples of carbon credit creation using satellite data Green Carbon Co., Ltd. (Representative Director: Jun Ohkita, hereinafter referred to as Green Carbon) will be holding a Thai Geographic Exhibition held in Bangkok, Thailand from Thursday, November 7th to Saturday, November 9th, 2024. We would like to inform you that we will be speaking at “Thailand Space Week 2024 (hereinafter referred to as this event)” hosted by the Japan Information and Space Technology Development Agency (hereinafter referred to as GISTDA*1). At this event, we introduced Green Carbon’s efforts to utilize satellite data to create naturally derived carbon credits.
https://prcdn.freetls.fastly.net/release_image/117956/116/117956-116-7cbc8f8407322a338a03259c0e0a0210-1920×1080.jpg
https://prcdn.freetls.fastly.net/release_image/117956/116/117956-116-09e54aaa7a7e8c792d64223a106ea297-964×430.png 〇 Event photos and image of GreenCarbon Co., Ltd. booth ◆Background of this event Green Carbon is working to create carbon credits derived from nature, mainly in Southeast Asia, and is developing a wide range of projects such as forest conservation, rice paddies, mangrove planting, cow burp reduction, and biochar projects. Among these, in Thailand, we are focusing on a project to reduce methane gas in rice fields using AWD (intermittent irrigation*2) and a project to store carbon in the soil using biochar. In addition, Green Carbon has been selected for the “JAXA Daichi-2 (ALOS-2) Commercialization
Demonstration” *3 and is working on the utilization of satellite data in the creation of carbon credits. Against this background, we have decided to exhibit at the “Japan Pavilion” within this event. During the presentation, he introduced ongoing projects overseas, including Thailand. Furthermore, we focused on the challenges in creating carbon credits derived from nature and shared our efforts as Green Carbon. Details of the presentation Challenges in creating natural carbon credits 1. Issues in searching for a suitable site for the project The feasibility of implementing a project is determined based on the availability of necessary equipment and the condition of the land. Since there is information that cannot be obtained without actually visiting the site, the increasing cost of searching for suitable locations has become an issue. 2. Issues in monitoring In the case of Green Carbon’s project to reduce methane gas emissions in rice fields, the actual reductions are measured manually. Similarly, water level measurements required for monitoring are requested to be visually confirmed and recorded. Therefore, increasing costs and ensuring transparency have become issues. 3. Issues from carbon credit creation to sales The process of creating, registering, and selling carbon credits is complicated. The challenge is the amount of effort required to generate credits, as projects must be implemented, data collected, and documents submitted in accordance with each certification body’s methodology. Green Carbon’s solution In order to resolve the above issues, we are working on establishing a project monitoring method that utilizes satellite data. Through this, the aim is to simplify the process up to the issuance of credits, which involves searching for suitable locations and measuring them, and to ensure the transparency of credits.
https://prcdn.freetls.fastly.net/release_image/117956/116/117956-116-525e9f55c2a9eb6f4e60a1221fa76158-659×496.png ○Speaker photo (Speaker: Overseas Business Department Manager Ryo Harada) ◆Future initiatives By working to create carbon credits using satellite data and AI technology, Green Carbon simplifies monitoring, improves accuracy and transparency, promotes data availability, and reduces the cost of creating credits. I’m going. Furthermore, in the project area, in addition to achieving both environmental conservation and greenhouse gas reduction, we aim to contribute to decarbonization and economic development by emphasizing the provision of benefits to local farmers. The Thai government aims to reduce greenhouse gas emissions by 30% by 2030 and achieve carbon neutrality by 2050. As part of its business expansion in Thailand, Green Carbon is
implementing an AWD project that utilizes up to 1 million hectares of rice fields, aiming to reduce greenhouse gas emissions by
approximately 5 million tons*4. Furthermore, we will contribute to Thailand’s decarbonization by concurrently proceeding with the development of projects that utilize natural potential other than rice fields, such as biochar. Related releases Please see below for releases related to satellite data research. Selected for
commercialization demonstration using JAXA satellite data (Daichi 2) Aiming to accelerate carbon credit creation Green Carbon Co., Ltd. has started a business partnership with Archeda Co., Ltd. to develop a one-stop solution to support the creation of forest-derived credits. Green Carbon Co., Ltd. will take the stage at the ALOS-2 satellite data utilization seminar Green Carbon Co., Ltd. has been selected for the second consecutive year for commercialization demonstration using data from JAXA satellite “Daichi 2” Recent global event appearances and scheduled schedule Presentation status Day of presentation Host country Event name Already on stage 10/29 Laos Laos decarbonization solution Business mission Already on stage 11/5 Netherlands GITR Global Meetup 2024 Already on stage 11/7 Thailand Thailand Space Week 2024 Scheduled to appear 11/14 Japan GRIC 2024 Scheduled to appear 11/14 Azerbaijan COP29 Japan Pavilion Scheduled to appear 12/4 Africa Africa Investment Forum Scheduled to appear 12/11 UAE Abu Dhabi Space Debate Scheduled to appear 12/12 Korea Korea COME UP 2024 *1: Thailand Geographical Information and Space Technology Development Authority (GISTDA) The Geographical Information and Space Technology Development Authority of Thailand (GISTDA) is a government agency responsible for research and development of geospatial information and space technology in the Kingdom of Thailand. Founded in 1992, it utilizes satellite technology and Geographic Information Systems (GIS) to provide data and analysis in fields such as environmental monitoring, agriculture, and disaster management. We also operate Thailand’s unique earth observation satellite “THEOS”, contributing to the development of the country. GISTDA aims to improve Thailand’s science and technology through technological innovation. *2: AWD (intermittent irrigation) Intermittent irrigation (AWD) is a method that uses the water level in the rice field as a guide and repeats watering and natural drying every few days. In the case of intermittent irrigation (AWD), compared to continuous irrigation, water usage can be reduced and it also contributes to the conservation of water resources. *3: JAXA Daichi-2 (ALOS-2) commercialization demonstration Using observation data (archive data) from the Synthetic Aperture Radar (SAR data) onboard Daichi-2 over the past 10 years since its launch in 2014, we have established a regular basis for satellite data operations mainly conducted by users including the private sector. A project to demonstrate the possibility of
utilization (commercialization) *4: Aiming to reduce greenhouse gas emissions by approximately 5 million tons Calculated as a reduction of 5 tons of CO2 per 1 ha of rice field ◆Green Carbon Co., Ltd. Representative: Representative Director Jun Ohkita Address: 5-2-33 Akasaka, Minato-ku, Tokyo IsaI AKASAKA607 Established: December 2019 Business details: Carbon credit creation and sales business, agriculture-related business, environment-related business, other related businesses and ESG consulting business URL:
https://green-carbon.co.jp/ ◆Green Carbon business introduction Green Carbon’s vision is to “save the earth with the power of life,” and we are developing a business that provides comprehensive support for the creation, registration, and sale of naturally-derived carbon credits in Japan and overseas. We are also engaged in agriculture-related businesses, research and development businesses, and ESG consulting businesses. Our business area is expanding from Japan and Southeast Asia to Australia and South America, and we are creating carbon credits derived from nature (paddy fields, biochar, forest
conservation, carbon farming, mangrove planting, cow burping, etc.). In 2023, Japan’s first and largest rice field (approximately 6,220 tons) was certified as a J-Credit rice field in Japan, and plans are to expand to approximately 40,000 ha (approximately 100,000 tons) in 2024. . In addition, we provide “Agreen,” a service that completes credit registration, application, and sales on one platform, simplifying the procedures and document creation required when registering a credit application, and reducing the man-hours of credit creators. We are reducing. ◆GREEN CARBON JAPAN VIETNAM COMPANY LIMITED Abbreviation: GREEN CARBON JAPAN VIETNAM CO,. LTD Representative: Representative Director Jun Ohkita Address: 10th Floor, The Nexus Building, 34-3B Ton Duc Thang, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam Established: August 2024 Business details: Carbon credit creation and sales business, agriculture-related business ◆ Click here for Green Carbon Co., Ltd. SNS Youtube:
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