Implementing

To facilitate the exchange of carbon credits, we will use the ‘Posidonia Carbon Credits’ Platform, the first in Europe that allows the various players in the sector to buy, sell and exchange CO2eq credits produced by the Posidonia groves in Protected Marine Areas.

The ‘Posidonia Carbon Credits’ Platform is the first European platform dedicated to the sale of carbon credits produced by Posidonia beds in the Mediterranean Sea.

The Platform makes use of specially developed blockchain technology and cryptography. Through this technology, all data related to the creation and sale of CO2eq certificates are recorded and stored in the form of tokens. The token as ‘credit’ is traded in a forgery-proof and completely tamper-proof and transparent manner.

The CO₂eq certificate is a document confirming that an amount of greenhouse gases has been avoided, reduced or offset. The tokens, i.e. the carbon credits, remain unaltered and owned by the producer until they are sold. They can be used in the Deep Green Italy system for the sole purpose of selling the CO₂eq savings and, after this has been completed, the tokens are marked as used, avoiding double trading of the tokens.

Projects generating credits are developed and certified in Europe.