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Re: Carbon credits VC

From: Snorre Lothar von Gohren Edwin <snorre@diwala.io>
Date: Fri, 2 Sep 2022 10:58:13 +0200
Message-ID: <CAE8zwO1J1WtYrOGPHx2H=RhqT3A1Rt7ADKdX3TrRtNFLaJG6iw@mail.gmail.com>
To: Gabe Cohen <gcohen@squareup.com>
Cc: steve.e.magennis@gmail.com, Credentials CG <public-credentials@w3.org>, steve capell <steve.capell@gmail.com>
Cool project Gabe!
And thanks for further resources.
Will take note of these resources you shared and put you on the list of
interested collaborators!
ᐧ

On Wed, Aug 31, 2022 at 6:44 PM Gabe Cohen <gcohen@squareup.com> wrote:

> Interesting topic, and thanks for raising it.
>
> I am working on a project on the Tezos blockchain called Angry Teenagers
> <https://angryteenagers.xyz/> that aims to create an asset that does good
> (offsets) on an ongoing basis. The carbon credit market is rife with fraud,
> and low-quality credits. Legitimate attribution of carbon offsets is a real
> problem. We’ve had some discussions with the team at the Cambridge Center
> for Carbon Credits (4C) <https://4c.cst.cam.ac.uk/> who are interesting
> in solving this problem too.
>
> There are a number of standards for carbon sequestration, Verra
> <https://verra.org/project/vcs-program/registry-system/> is seen as the
> most legitimate — as you probably are familiar.
>
> All this to say - that yes - I do think there’s value in representing
> offsets (but also not only offsets, any positively green activity such as
> reforestation, rewilding, or whatever may be measurable) using Verifiable
> Credentials, and I’m happy to be involved!
>
> Gabe
>
> On Aug 31, 2022 at 7:10:22 AM, steve.e.magennis@gmail.com wrote:
>
>> Snorre,
>>
>>
>>
>> I’d be interested as you get deeper into this project to understand what
>> would drive a revocation event for an offset certificate. Do certificates
>> represent a historical offset (a historical ‘fact’ that has been certified
>> and not likely to change in the future) or a potential future offset that
>> may need to be reconciled with actual values at some point in the future?
>>
>>
>>
>> -Steve
>>
>>
>>
>> *From:* Snorre Lothar von Gohren Edwin <snorre@diwala.io>
>> *Sent:* Wednesday, August 31, 2022 1:36 AM
>> *To:* steve capell <steve.capell@gmail.com>
>> *Cc:* Credentials CG <public-credentials@w3.org>
>> *Subject:* Re: Carbon credits VC
>>
>>
>>
>> Thanks for that correction Steve, and sorry for my ignorance in what is
>> what.
>>
>> We just started conversations and im still understanding the scope.
>>
>> But you are right, there is a certificate that is to be issued, and we
>> will have to look at the revokability as well, according to the customer.
>>
>>
>>
>> Thanks alot for these pointers and I need to dig more into this, but I
>> found this as a context for JSON-LD, which matches some criterias:
>> https://jargon.sh/user/unece/sustainability_vocab/v/working/artefacts/specification/render#climatecarbon
>>
>> When it comes to the project part, let me have an internal discussion
>> first before we venture down a road like that. But thanks alot for this
>> feedback!
>> I will get back to you privately when I have some more to go from.
>>
>> If anyone else have any good pointers, please send them along this email
>> thread :D
>>
>> ᐧ
>>
>>
>>
>> On Wed, Aug 31, 2022 at 9:12 AM steve capell <steve.capell@gmail.com>
>> wrote:
>>
>> Hi Snorre,
>>
>>
>>
>> Did you really mean "carbon credit" VC ? or did you mean Carbon offset
>> certificate for manufactured / traded products?
>>
>>    - A credit is a tradeable item - so more of an NFT than a VC
>>    - A certificate is a great candidate for a VC.
>>
>> If you want a global standard for something like a Carbon offset VC then
>> you need a global authority to define it.  One option could be UN/CEFACT -
>> they are just "modernising" their standards development framework around
>> github - see https://github.com/uncefact. Also, they've just published a
>> white paper on VCs for cross border trade (see the one at the top of the
>> list at https://unece.org/trade/uncefact/guidance-material) so might be
>> ready to start a project on cross border carbon offset certificates?  I can
>> facilitate introductions if you'd like to participate in ap project to
>> define that
>>
>>
>>
>> On Wed, 31 Aug 2022 at 16:42, Snorre Lothar von Gohren Edwin <
>> snorre@diwala.io> wrote:
>>
>> Hi!
>>
>>
>>
>> Have anyone in this community worked on carbon credit VCs, and built out
>> a context or a good VC data model for these data points?
>>
>>
>>
>> Maybe a global version that one can reuse?
>>
>>
>>
>> --
>>
>> *Snorre Lothar von Gohren Edwin*
>>
>> Co-Founder & CTO, Diwala
>>
>> +47 411 611 94
>> www.diwala.io
>> <https://streaklinks.com/BLvbqLnQEMqEqHw5KgVvLev1/http%3A%2F%2Fwww.diwala.io%2F>
>> <http://www.diwala.io/>
>>
>> *Stay on top of Diwala news on social media! Facebook
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>>
>> ᐧ
>>
>>
>>
>>
>> --
>>
>> Steve Capell
>>
>>
>>
>>
>>
>>
>> --
>>
>> *Snorre Lothar von Gohren Edwin*
>>
>> Co-Founder & CTO, Diwala
>>
>> +47 411 611 94
>> www.diwala.io
>> <http://www.diwala.io/>
>>
>> *Stay on top of Diwala news on social media! Facebook
>> <https://www.facebook.com/diwalaorg> / LinkedIn
>> <https://www.linkedin.com/company/diwala> / Instagram
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>>
>
>
> --
>
>
> Gabe Cohen
>
> Lead Platform Engineer, Verifiable Credentials
>
> gcohen@squareup.com
>
> TBD <http://tbd.website/> | LinkedIn <https://linkedin.com/in/cohengabe>
> | Twitter <https://twitter.com/decentralgabe>
>
>
>

-- 

*Snorre Lothar von Gohren Edwin*
Co-Founder & CTO, Diwala
+47 411 611 94
www.diwala.io
<http://www.diwala.io/>
*Stay on top of Diwala news on social media! **Facebook
<https://www.facebook.com/diwalaorg>** / **LinkedIn
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<https://twitter.com/Diwala>*
Received on Friday, 2 September 2022 08:58:38 UTC

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