SubsidieMeestersValidation of an advanced CO2 life cycle model and non-speculative Emissions Trading System in a digital platform for an efficient sustainable forest management
LIFE TOKEN CO2 aims to develop an innovative platform for CO2 lifecycle management in European forests, utilizing remote sensing and blockchain for sustainable practices and carbon credit trading.
Projectdetails
Introduction
In response to the climate challenge, political priorities, and upcoming legislation or international commitments, LIFE TOKEN CO2 presents a set of novel close-to-market products and services, supported by a business plan and scientific knowledge, which incentivise sustainable practice in the European forest.
Project Overview
LIFE TOKEN CO2 aims to launch an innovative platform to address the Life Cycle of CO2 from its emission to its compensation, assessing different Forest Land Management. The project implements a large-scale validation of a novel, accurate and predictive remote sensing-based model to calculate the absorption of CO2 by forest stands and the improvement through the realisation of potential forestry actions.
Methodology
The model is based on the correlation of experiments and sampling using Eddy Covariance stations and earth observation images, to obtain coefficients that allow the calculation of the potential CO2 absorption of an area.
Digital Platform Features
The final digital platform will also include a non-speculative carbon credits market tool based on official standards, with Smart Contract capacity, the Network Consensus, and Blockchain technology to provide transparency and robustness.
Supporting Tools
The result will also incorporate a set of supporting tools within the CO2 Life Cycle for target users, assuring its replicability and scalability to other species, regions, and types of actors.
Consortium and Collaboration
The Consortium has been created for demonstrating, transferring, and exploiting knowledge, but also creating novel products and services user-oriented, aimed at mitigating climate change strategies, avoiding forest deforestation, and promoting sustainable forest management.
Importance of Partners
Therefore, the experience and knowledge of the partners, as well as their contacts network and commercial capacity, is key for the project's success.
Project Details
LIFE TOKEN CO2, constituted by 6 Spanish entities with the aim of providing an urgent climate solution at the European level, will be implemented over a period of 42 months with a total budget of 2.987.162,47 €.
Financiële details & Tijdlijn
Financiële details
| Subsidiebedrag | € 1.792.297 |
| Totale projectbegroting | € 2.987.162 |
Tijdlijn
| Startdatum | 1-10-2022 |
| Einddatum | 31-3-2026 |
| Subsidiejaar | 2022 |
Partners & Locaties
Projectpartners
- DIGILTEA SOLUCIONES S.L.penvoerder
- UNIVERSIDAD DE CASTILLA - LA MANCHA
- ORTHEM SERVICIOS Y ACTUACIONES AMBIENTALES SA
- FUNDACION UNIVERSITARIA SAN ANTONIO
- SGS TECNOS SA
- REGION DE MURCIA
Land(en)
Vergelijkbare projecten binnen LIFE
| Project | Regeling | Bedrag | Jaar | Actie |
|---|---|---|---|---|
Locking carbon in harvested wood products, from forests to sustainable wood productsWOOD4LIFE aims to enhance carbon sequestration and biodiversity in forests through improved management practices and business models, promoting sustainable wood production and ecosystem services in Spain and Italy. | LIFE Standar... | € 1.982.497 | 2024 | Details |
Slow growing forests management for Climate Change MitigationLIFE CO2RK aims to establish regulatory frameworks for carbon sequestration in diffuse sectors, promoting investment in forest management to reduce EU GHG emissions and enhance biodiversity. | LIFE Standar... | € 1.419.335 | 2023 | Details |
Promoting SMART associations and innovative financing for responsible forest management and carbon sink enhancementThe LIFE ClimatePositive project aims to enhance forest management in Italy through digital associations, carbon monitoring tools, and business models to improve climate resilience and biodiversity across 250 km². | LIFE Standar... | € 2.074.006 | 2022 | Details |
Life SVOLTA BLU - Sistema VOLontario di crediTi per promuovere il risparmio e la conservazione dell'AcquaThe Life SVOLTA BLU project aims to establish a blue credit trading system to enhance water management, engage stakeholders, and achieve significant water savings while promoting sustainable finance. | LIFE Standar... | € 1.215.306 | 2024 | Details |
LIFE COASE - Collaborative Observatory for ASsessment of the EU ETSLIFE COASE aims to enhance the EU Emissions Trading System by establishing a comprehensive observatory for data, assessments, and international dialogue on carbon markets. | LIFE Standar... | € 815.094 | 2023 | Details |
Locking carbon in harvested wood products, from forests to sustainable wood products
WOOD4LIFE aims to enhance carbon sequestration and biodiversity in forests through improved management practices and business models, promoting sustainable wood production and ecosystem services in Spain and Italy.
Slow growing forests management for Climate Change Mitigation
LIFE CO2RK aims to establish regulatory frameworks for carbon sequestration in diffuse sectors, promoting investment in forest management to reduce EU GHG emissions and enhance biodiversity.
Promoting SMART associations and innovative financing for responsible forest management and carbon sink enhancement
The LIFE ClimatePositive project aims to enhance forest management in Italy through digital associations, carbon monitoring tools, and business models to improve climate resilience and biodiversity across 250 km².
Life SVOLTA BLU - Sistema VOLontario di crediTi per promuovere il risparmio e la conservazione dell'Acqua
The Life SVOLTA BLU project aims to establish a blue credit trading system to enhance water management, engage stakeholders, and achieve significant water savings while promoting sustainable finance.
LIFE COASE - Collaborative Observatory for ASsessment of the EU ETS
LIFE COASE aims to enhance the EU Emissions Trading System by establishing a comprehensive observatory for data, assessments, and international dialogue on carbon markets.
Vergelijkbare projecten uit andere regelingen
| Project | Regeling | Bedrag | Jaar | Actie |
|---|---|---|---|---|
Local Inclusive Future Energy (LIFE) City PlatformHet LIFE-project ontwikkelt een district-scale energiebeheerplatform om netproblemen op te lossen, lokale duurzame energie te integreren en de energietransitie te versnellen door flexibiliteit en inclusiviteit te bevorderen. | Missiegedrev... | € 4.358.098 | Onbekend | Details |
The Carbon Shepherd: Software for whole life decarbonisation of real estateHet project ontwikkelt een schaalbare softwareoplossing om de CO2-uitstoot van gebouwen te minimaliseren door inzicht te bieden in milieu-impact en optimalisatie van materiaalkeuze gedurende de levenscyclus. | Demonstratie... | € 200.000 | 2024 | Details |
TROEF - Transparant Reduceren van CO2 en Optimaliseren van energie in een Ecosysteem van Flexibiliteit: de troef naar versnelling van de energietransitie en lokale energiegemeenschappenHet project ontwikkelt een gelaagd energie-ecosysteem voor optimale energie-uitwisseling tussen gebouwen in Nederland, gericht op CO2-reductie en een flexibeler elektriciteitsnet. | Missiegedrev... | € 4.181.045 | 2021 | Details |
Lab-to-tech transition of the current best low temperature electrolyser technology for CO2 reduction to CO using solar energyThe project aims to develop a containerized CO2 electrolyser unit powered by solar energy to produce valuable chemicals, facilitating commercialization and supporting the European Green Deal's climate goals. | EIC Transition | € 2.373.125 | 2022 | Details |
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Local Inclusive Future Energy (LIFE) City Platform
Het LIFE-project ontwikkelt een district-scale energiebeheerplatform om netproblemen op te lossen, lokale duurzame energie te integreren en de energietransitie te versnellen door flexibiliteit en inclusiviteit te bevorderen.
The Carbon Shepherd: Software for whole life decarbonisation of real estate
Het project ontwikkelt een schaalbare softwareoplossing om de CO2-uitstoot van gebouwen te minimaliseren door inzicht te bieden in milieu-impact en optimalisatie van materiaalkeuze gedurende de levenscyclus.
TROEF - Transparant Reduceren van CO2 en Optimaliseren van energie in een Ecosysteem van Flexibiliteit: de troef naar versnelling van de energietransitie en lokale energiegemeenschappen
Het project ontwikkelt een gelaagd energie-ecosysteem voor optimale energie-uitwisseling tussen gebouwen in Nederland, gericht op CO2-reductie en een flexibeler elektriciteitsnet.
Lab-to-tech transition of the current best low temperature electrolyser technology for CO2 reduction to CO using solar energy
The project aims to develop a containerized CO2 electrolyser unit powered by solar energy to produce valuable chemicals, facilitating commercialization and supporting the European Green Deal's climate goals.
Carbon Credits
Het project ontwikkelt een meet- en verificatiesysteem voor CO2-emissiereductie in de agrarische sector, waardoor boeren carbon credits kunnen verhandelen en investeren in duurzame maatregelen.