Aiming for the creation of approximately 5 million tons of carbon credits over 20 years to promote ecosystem restoration and regional economic development in Haiti
Green Carbon Inc. (CEO: Jun Okita, hereinafter referred to as Green Carbon), a company engaged in nature-based carbon credit creation and sales, is pleased to announce that it has signed of MOU with Haitian nonprofit organization Association Haitienne de Solidarité (hereinafter referred to as ASHAS※1) to create carbon credits through agroforestry ※2 in the Republic of Haiti, which is part of the West Indies. Over the next 20 years, the initiative aims to create approximately 5 million tons of carbon credits, contributing to the restoration of Haiti’s ecosystems and the development of the local economy.
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◆Background and Roles of the MOU with ASHAS
Green Carbon is dedicated to creating nature-based carbon credits in the Asia-Pacific region, particularly in Southeast Asia. Our initiatives include a wide range of projects in Japan and overseas to generate nature-based carbon credits. This includes forest conservation, rice paddy management, mangrove reforestation, reducing methane emissions from cattle, and biochar projects.
ASHAS promote the self-sufficiency of local communities in Haiti through sustainable agriculture and environmental conservation efforts. The organization is already practicing agroforestry on over 600 ha of farmland and is actively promoting decarbonization in the region.
Haiti’s terrain, with approximately 70% of the land being hilly, allows to produce a wide range of agricultural products. However, in recent years, the country has seen an increase in agricultural damage due to natural disasters such as rising temperatures, heavy rainfall, floods, droughts, and cyclones, highlighting the vulnerability to climate change. Agriculture is the core industry in Haiti, employing over 50% of the working population, yet the sector struggles with low productivity due to its reliance on small-scale farmers. In addition, climate change is exacerbating deforestation and soil degradation, leading to declining agricultural productivity.
In order to address these challenges, Green Carbon has signed an MOU with ASHAS. Under this agreement, the two organizations will deploy large-scale carbon credit creation project utilizing agroforestry to accelerate both farmers income improvement and regional decarbonization. ASHAS will be responsible for providing information and conducting surveys on the project areas, as well as managing stakeholders during project implementation. Green Carbon, leveraging its expertise in carbon credit creation, will design optimal project plans, handles the application and registration of carbon credits, and secure investors for the project.
◆Project Overview
This project will be implemented in the Artibonite region of central Haiti, which was significantly impacted by the 2016 hurricane. The project will utilize valuable tree species such as avocado, mango, rubber trees, and Mombin, expanding agroforestry practices across the region. The project is expected to cover up to 10,000 hectares of farmland and generate approximately 5 million tons of carbon credits over 20 years.
| ・Restoration of ecosystems and enhancement of biodiversity in disaster-affected areas |
| ・Stabilization of farmer incomes through crop diversification |
| ・Revitalization of the regional economy through carbon credit revenues |
| ・Establishment of a sustainable agricultural model |
◆Future Outlook
Green Carbon aims to expand this project across Haiti while establishing a model for environmental regeneration and regional development. The company also seeks to extend its efforts to the broader Latin American and Caribbean region, which is highly vulnerable to the impacts of climate change. Green Carbon is committed to balancing environmental conservation, decarbonization, and economic development in Haiti through the following initiatives:
| ①：Expansion of agroforestry projects |
|---|
| ・Conservation of biodiversity through the combination of native and economic crops ・Diversification of income sources through cultivation of multiple crops ・Strengthening climate change resilience and soil conservation through tree planting |
| ②：Development of biochar project through biomass utilization |
|---|
| ・Biochar production from agricultural residues such as banana, cassava, and coffee ・Enhancement of agricultural productivity through soil improvement |
| ③：Forest restoration project |
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| ・Restoration of degraded forests to recover ecosystem services ・Reduction of landside risks |
また、中南米地域は、カーボンクレジット創出において極めて高いポテンシャルを有しています。同地域は、世界の森林面積の22％※3、マングローブ面積の26％※4を占めています。Green Carbonは、アグロフォレストリー、森林再生、マングローブ再生など、地域特性を活かした多様なプロジェクトを通じて、中南米全域の脱炭素化に貢献してまいります。
※1：ASHAS（Association Haitienne de Solidarité）
ASHAS is a Haiti-based organization dedicated to improving the lives of the Haitian people through sustainable development, legal empowerment, and support for local communities. The organization carries out various projects aimed at promoting environmental protection and socio-economic development.
※2：アグロフォレストリー（Agroforestry）
Agroforestry is a farming method that integrate agriculture and forestry. It involves planting trees and crops together on the same land, leveraging the interactions between plans and ecosystems to practice both farming and forestry simultaneously. This approach contributes to environmental conservation, biodiversity protection, and the realization of sustainable agriculture.
※3：22% of the world’s forest area
Reference：Partnerships for Forests
https://partnershipsforforests.com/where-we-work/latin-ameri
※4：26% of the world’s mangrove area
Reference：UNESCO
◆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/
◆Business Introduction of Green Carbon
Green Carbon operates with the vision of “Saving the Earth with the Power of Life”, by providing comprehensive support for the creation, registration, and sales of carbon credits in domestic and international markets. We are also expanding our business operations in wider industries including the agriculture, research & development, and ESG consulting. Our operations are primarily based in Japan and Southeast Asia, while currently expanding business in Australia and South America. We create naturally derived carbon credits from sources including water paddies, biochar, forest conservation, carbon farming, mangrove plantation, and methane from cattle eructation. Our main focus is on generating carbon credits through methane gas reduction in rice paddies, where we have obtained the first and largest certification for J-Credits in Japan (approximately 6,220 tons), and plan to expand to around 40,000 hectares (approximately 100,000 tons) 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 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, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam
Establishment ：August, 2024
Businesses ：Carbon credit creation and sales businesses, agriculture-related business
◆Social Media for Green Carbon
YouTube ：https://www.youtube.com/channel/UCYO4WnGOHDaVB1ikxheZasA
note ：https://note.com/green_carbon/
Facebook：https://www.facebook.com/profile.php?id=61557429326458
X ：https://mobile.x.com/GreenCarbon2019
Linkedin ：https://www.linkedin.com/company/green-carbon-inc/