Aiming for decarbonization by leveraging approximately 45.68 million hectares of agricultural potential in the Middle East region
Green Carbon Inc. (CEO: Jun Okita, hereafter referred to as “Green Carbon”), a company engaged in the creation and sale of nature-based carbon credits, is pleased to announce its participation as a speaker at the “Japan-UAE Space Public-Private Workshop” (hereafter referred to as “the event”) held on Tuesday, December 12, 2024, in Abu Dhabi, United Arab Emirates (UAE). The event featured Green Carbon introducing the potential of approximately 45.68 million hectares*¹ of agricultural land in the Middle East region, highlighting natural carbon credit creation projects and the use of satellite data for credit generation.
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◆Background and Details of Participation in the Event
Green Carbon is actively engaged in the development of nature-based carbon credits, primarily in Southeast Asia. The company undertakes a diverse range of projects tailored to the characteristics of natural resources in each region, including forest conservation, paddy field management, mangrove reforestation, methane emission reduction from livestock, and biochar utilization. Additionally, Green Carbon leverages satellite data for site selection and monitoring of its projects.
As part of this initiative, Green Carbon was invited by JAXA to participate in the event and share its expertise in carbon credit generation using remote sensing technology.
〈Details of Presentation〉
During the event, Green Carbon presented the following four key initiatives as part of its efforts utilizing satellite data:
| １. Creation of High-Quality Carbon Credits |
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| Green Carbon is currently demonstrating technology that leverages satellite data analysis to measure the carbon absorption and reduction rates of paddy fields and forests more accurately and efficiently. Compared to traditional methods, this approach enables extensive and frequent monitoring, providing highly reliable data. There is a growing demand for measuring carbon absorption mechanisms, particularly in arid regions like the UAE, and Green Carbon aims to offer services tailored to meet these needs. |
| ２. Exploration of Suitable Areas for Carbon Credit Generation |
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| By analyzing satellite data to monitor the growth conditions of forests and mangroves as well as changes in land use, Green Carbon can efficiently identify regions suitable for carbon credit generation. |
| ３. Simplification of the Carbon Credit Application and Sales Process |
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| The use of remote sensing technology streamlines the monitoring processes involved in complex carbon credit applications. Additionally, Green Carbon’s digital platform helps reduce the time and costs associated with carbon credit issuance, enabling a more efficient end-to-end process from application to sales. |
| 4. Contribution to Smart Agriculture |
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| Data derived from satellite monitoring, such as vegetation information and soil moisture levels, can be utilized for fertilizer application and irrigation management in agriculture. This contributes to increased efficiency and the promotion of sustainable farming practices. As a result, it simultaneously enhances the profitability of agricultural activities and reduces environmental impact. |
◆Next Steps
Green Carbon will continue to advance its satellite data analysis technology to further enhance the reliability of carbon credit generation. Additionally, leveraging this event as a starting point, the company aims to accelerate the expansion of its carbon credit business in the Middle East region, including the UAE.
| １. Promoting the Creation of High-Quality Carbon Credits Through Satellite Data Utilization |
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| Green Carbon is committed to further advancing its satellite data analysis technology to achieve greater transparency and reliability in data processing, enabling the generation of highly trustworthy carbon credits. |
| ２. Pioneering the Carbon Credit Market in the Middle East |
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| The UAE is actively investing in space and green industries as part of its efforts to move away from oil dependency. Leveraging its experience in Japan and Southeast Asia, Green Carbon aims to revitalize the carbon credit market by collaborating with the UAE government and local businesses. |
| ３. Promoting the Creation and Sale of Carbon Credits Within the UAE |
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| Green Carbon seeks to facilitate the creation of carbon credits by leveraging the UAE’s natural resources, while also supporting access to international carbon credit markets. This initiative aims to achieve a balance between emissions reduction and economic growth, contributing to increased income for agricultural workers. |
| ４. Advancing the Creation of High-Quality Carbon Credits Through Satellite Data Utilization |
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| Green Carbon is dedicated to further enhancing its satellite data analysis technology to achieve more transparent and reliable data processing, enabling the generation of high-quality, trustworthy carbon credits. |
◆Overview of the Japan-UAE Space Public-Private Workshop
The “Japan-UAE Space Public-Private Workshop” was held in conjunction with the international space conference, Abu Dhabi Space Debate 2024. The event served as a platform for lively discussions on the potential for Japan-UAE cooperation in the space sector.
With approximately 200 participants from government and private space organizations, the workshop was organized as part of efforts to promote collaboration in space activities for peaceful purposes, following the memorandum of understanding signed between Japan and UAE government agencies in 2023.
The event featured five sessions aligned with the UAE government’s key space policy areas. Green Carbon participated in the session on Earth observation using remote sensing technology. Alongside other Japanese space-related companies, Green Carbon engaged in in-depth discussions on expanding the use of satellite data within the UAE.
〈Overview〉
Co-organizers： UAE Space Agency (United Arab Emirates Space Agency: UAESA), Cabinet Office of Japan, Ministry of Economy, Trade and Industry (METI), Japan Aerospace Exploration Agency (JAXA), Japan External Trade Organization (JETRO)
Date： Thursday, December 12, 2024
Venue： ERTH Convention Center (https://erth.ae)
Presentation Session：Earth Observation and Remote Sensing
○Reference：Extracted from the METI website
https://www.meti.go.jp/press/2024/12/20241219003/20241219003.html
※1：Approx. 45.68 million hectares of agricultural potential
Quoted from JETRO’s report, “Food Situations in the Middle East and UAE Initiatives,” which includes data on cultivated land area in the Middle East region.
https://www.jetro.go.jp/biz/areareports/2024/5741501b534c707d.html
◆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 of 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 generation 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 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