Evercity News

Presenting new products at COP27

This year’s COP27 participation was a huge success for Evercity team with 10 events and interesting panels to speak at. We used this opportunity to present our new products developed specifically for carbon markets, which were at the center of attention of the conference this year. Our main presentation’s highlights included signing a collaboration charter with DNV, the world's largest classification society,  and presenting a use case with Helioz - an Austrian Social Enterprise developing water sanitation projects in the Global South.

During our side event at the Digital Innovations Pavilion we demonstrated 2 new use cases: 

  1. A tool for creating Project Idea Notes. A useful instrument that could help project owners with no prior experience in carbon markets to start their journey and help attract carbon financing more efficiently.
  2. Carbon forward tokens. An instrument for attracting early-stage financing needed to cover the implementation costs. These digital contracts on the future delivery of carbon credits will provide the much anticipated ex-ante financing mechanism for carbon projects. Actions of all stakeholders and transactions are recorded in a transparent and immutable database to prevent fraud. Self-executing smart contracts allow automation of the distribution and delivery of carbon forwards. Public Ledgers also provide additional liquidity opportunities, opening access to high-quality carbon credits to market participants that otherwise would be forced to use traditional methods such as OTC transactions.

We are inviting project owners and project developers who are interested in streamlining their carbon credit journey to collaborate with Evercity. Find more details at https://evercity.io/carbon_financing