Aims to undertake a methane gas reduction project in a maximum of 7,000ha of paddy fields.
Green Carbon, Inc. (CEO: Jun Okita, hereinafter referred to as “Green Carbon”) is pleased to announce that it has signed an MOU with Zimmermann Co., Ltd. (CEO: Kittisophon Thaninsiriphitthaya, hereinafter referred to as “Zimmermann”). The MOU aims to promote a project focused on a generating carbon credit through nature-based solutions in Thailand.
◆ Background and Role of the MOU with Zimmermann
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 them, we are promoting projects mainly in Vietnam, the Philippines, and Thailand with a focus on methane gas reduction projects in rice paddies using AWD (Alternate Wetting & Drying ※1) .
Meanwhile, Zimmermann has been promoting nature-based decarbonization activities in Thailand and following an introduction from Rajamangala University of Technology Phra Nakhon, which signed an MOU with Zimmermann at the end of September 2024, Zimmermann has decided to sign an MOU with Zimmermann to expand its nature-based carbon credit generation project in Thailand.
Based on the MOU, Green Carbon and Zimmermann will start developing a methane gas reduction project in rice paddies in Thailand from December 2024 and will expand the nature-based carbon credit generation projects such as afforestation, mangrove and biochar.
Zimmermann’s role is to secure land for project implementation and conduct field surveys to determine the baseline needed for actual measurement. Green Carbon will work to design an optimal project in the demonstration site, register the project as a carbon credit project, and obtain investors who agree to the project.
The paddy field project will be implemented in Kamphaeng Phet Province in southwestern Thailand and is expected to expand from 815 ha in the first year to a maximum of approximately 7,000 ha, with annual reduction of approximately 3,000 t-CO2e and a maximum of approximately 27,000t-CO2e. Additionally, in signing the MOU, Green Carbon has received cooperation from the Land Development Departure of the Ministry of Agriculture and Cooperatives, which will continue to support the implementation of the project. Green Carbon will contribute to the realization of sustainable development and a decarbonized society in Thailand through this collaboration.
◆Comment from Dr. Kittisophon Thaninsiriphitthaya, CEO of Zimmermann
Under the signing of agreement, Green Carbon and Zimmermann intend to develop the project together. We will coordinate to make the project run smoothly and conveniently. We will find a place for you to create a beneficial and sustainable impact on global warming.
From left (Zimmermann Co., Ltd. Authorized Director : Mr. Pitissok Dummanee, Ms Amporn Thongsurichaisri, CEO: Dr. Kittisophon Thaninsiriphitthaya, General of the Land Development Department (Deputy Director) : Mr. Anuwat Phothinam, Green Carbon CEO: Jun Okita, and Advisor : Dr. Kwanruetai Bonnyasana)
※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/
◆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 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.
◆Zimmermann Co., Ltd.
Representative : Kittsopon Thaninsiriphitthaya, CEO
Location : 77/31, 32, 33 Soi Chaengwattana 15 Intersection 2, Thung Song Hong, Lak Si, Bangkok, 10210, Thailand
Establishment : June 24, 2021
Business : Carbon credit generation business from natural and technological sources URL : https://www.zimmermann.co.th/
◆Introduction of Zimmermann Co., Ltd.
Zimmermann develops and implements comprehensive emission reduction projects and strategies that transform climate action into a long-term business opportunity for businesses, governments and organizations. We are driving the transition from a consumption-driven extractive economy to a low-carbon, sustainable economy. We work to conserve, restore and manage natural ecosystems based on a business philosophy that seeks to create added value from our knowledge and experience of the Sustainable Development Goals. We also respect the rights of local communities while providing measurable benefits to the surrounding ecosystems and their inhabitants.