Synergy with biochar projects to advance economic development
Green Carbon, Inc. (CEO: Jun Okita, hereinafter referred to as “Green Carbon”) is pleased to announce that it has launched an MOA with the Royal University of Agriculture (RUA) in Cambodia for the generation of carbon credits in Cambodia through the development of a paddy-based carbon credit project in Cambodia (hereinafter referred to as “the project”). The project started in October in the Battambang area and by utilizing concurrent biochar projects in Cambodia, we aim to contribute to Cambodia’s economic development through the expansion of both AWD (Alternate Wetting & Drying ※1) and biochar business practices.
◆ Background of collaboration with the RUA and overview of the project
Green Carbon is dedicated to creating nature-based carbon credits primarily in Southeast Asia. Our initiatives include a wide range of projects such as forest conservation, rice paddy management, mangrove reforestation, reducing methane emissions from cattle, and biochar projects. Among these, our main projects involve methane gas reduction projects using AWD, with our activities centered in Vietnam, the Philippines, and Thailand.
To expand nature-based carbon credits in Cambodia, Green Carbon has signed an MOU with the Royal University of Agriculture (RUA) in Cambodia. The RUA will focus on collaborating on the AWD project within Cambodia, introducing and recommending AWD implementation to local farmers, measuring methane gas emissions, and requesting cooperation from relevant agencies.
Green Carbon will share specialized knowledge on carbon credits, collect necessary data, and handle carbon credit issuance and sales.
Green Carbon and the RUA launched this project on October 10, 2024, on approximately 64ha of land in Battambang Province, located in northwestern Cambodia. Through this pilot project, we will identify areas for possible expansion, while collecting data necessary for scaling up, to make rapid expansion possible. By developing carbon credits and returning profits to local farmers, we will contribute to the revitalization of Cambodia’s economy.
Along with this project, Green carbon is working on a project which uses biochar to generate carbon credits. This biochar project, which utilizes rice husks (a by-product of rice cultivation) aligns well with our project in Cambodia as its application is expected to help increase rice yields.
Moving forward, we intend to develop projects which combine AWD and biochar practices starting in Cambodia and expanding to other Southeast Asian countries, contributing to the realization of a decarbonized society.
〇 Related Releases
An MOU signed with Amru Rice, a Cambodian rice wholesaler, for the development of carbon credits through a biochar project utilizing rice husks.
https://green-carbon.co.jp/en/amrurice_en/
〇AWD Implementation in Cambodia
※1: AWD (Alternate Wetting & Drying)
AWD is a technique that involves periodically flooding and naturally drying paddy fields based on the water level. Compared to continuous flooding, AWD can reduce water usage and contribute to the conservation of water resources.
◆Green Carbon, Inc.
Representative : Jun Okita, CEO
Location : Isal AKASAKA607, 5-2-33 Akasaka, Minato-ku, Tokyo
Establishment : December 2019
Business : 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/
◆Introduction to Green Carbon
Green Carbon operates with the vision of “Saving the Earth with the Power of Life,” providing comprehensive support from carbon credit creation, registration, to sales. Additionally, we are involved in agriculture-related businesses, research and development, ESG consulting, among others. Our main focus is on developing carbon credits through methane gas reduction in rice paddies, where we have obtained certification for J-Credits, the first and largest in Japan (approximately 6,220 tons), and plan to expand to around 50,000 hectares in the fiscal year 2024. We also offer a service called “Agreen” that integrates credit registration, application, and sales into one platform, simplifying procedures such as application registration and document preparation, thus reducing the workload for credit creators.
◆GREEN CARBON JAPAN VIETNAM COMPANY LIMITED
Abbreviation ：GREEN CARBON JAPAN VIETNAM CO,. LTD
Representative ：Jun Okita, CEO
Location ：10th Floor, The Nexus Building, 34-3B Ton Duc Thang, 1, Ho Chi Minh City, Vietnam
Establishment : August 24
Businesses : Carbon credit creation and sales business. agriculture-related business
◆ Introduction of the Royal University of Agriculture in Cambodia
The Royal University of Agriculture in Cambodia (RUA) located southwest of Phnom Penh, established in 1964, is a leading university in Cambodia, specializing in agriculture. The university is under the jurisdiction of the Ministry of Agriculture, Forestry, and Fisheries, and offers bachelor, master, and doctoral degrees in various fields including, agronomy, animal husbandry, veterinary science, forestry, and fisheries. Through education and research, the RUA aims to nurture professionals who are able to contribute to Cambodia’s agricultural and rural development. They are also committed to promoting sustainable agriculture and collaborating with local communities. The university is also well-equipped with research centers and training facilities, providing opportunities for practical learning.