To Plant Trees Around The Globe and To Get Carbon Credits
To Plant Trees Around The Globe and To Get Carbon Credits
The carbon credits, which will only be purchasable using UNEP, will be designed similarly to NFTs and will become certificates on the blockchain. We will only be able to mint carbon credit certificates backed by certified carbon credits we have earned. We will also mint carbon credit certificates for other companies that want to sell their carbon credits on our platform.
However, they will be required to verify that their carbon credits are adequately certified. We will achieve carbon credit certification by getting regulators to approve our various environmental projects, including renewable energy, planting trees and mangroves, recycling, cleaning beaches and oceans, and more.
UNEP has recently partnered with "the Carbon Consulting Company," which will help us certify each carbon credit we have earned to Verra, REDD+, and the Gold Standard. Corporations will offset their carbon footprint by sending their carbon credit certificates to the offset address on our blockchain (which will essentially be a burn address). Each carbon credit will equate to one ton of carbon emissions being offset. Every carbon credit they offset will be traceable back to their wallet address as it is all tracked on the blockchain, making everything transparent and legally verifiable.
The UNEP blockchain (UNEPC) and carbon credit exchange (UNEPX) are still in production, so we have decided to partner with a popular native blockchain, Phantasma, which has an NFT marketplace. Phantasma is home to carbon-neutral Smart NFTs with some of the most advanced NFT capabilities in the industry. As part of the partnership, Phantasma will become carbon-negative using UNEP Carbon Credit NFTs, making it a provably UNEP blockchain for developers to build their decentralized applications. UNEP's CCNFTs will be live from November 2023 - These CCs are from the first project in history to be validated as contributing to all 17 of the UN's Sustainable Development Goals.
The first 1,000 CCNFTs released were limited editions to celebrate the inauguration of UNEP's primary use case. They carry a unique animation, and they will have tropical properties such as receiving airdrops of UNEP and more so airdrops from UNEP Pad projects. We plan on incorporating this, starting with SFC. Additionally, in the future, when the UNEP Pad is fully up and running, there will be limited private sales accessible only by holders of the limited edition CCNFTs.
There are other possible attributes yet to be revealed. And, of course, the limited edition CCNFTS are connected to certified carbon credits, just like all of the CCNFTs we are minting will be. The limited-edition CCNFTs with serial numbers #1-10 will possess the attributes that all of the limited edition CCNFTs do, as well as additional attributes, including but not limited to: • An extra % APY when our staking platform is live • Extra % of the allocation to UNEP Pad projects You can acquire the limited edition CCNFTs via the ghost market.
Phase 1: VER Voluntary Emissions Reduction (VER): A carbon offset exchanged in a voluntary market for credits. Voluntary offset markets function outside of compliance markets and enable companies and individuals to purchase carbon offsets voluntarily. For example, individuals seeking to offset their CO₂ emissions and companies that want to become climate neutral can buy equivalent carbon credits to "neutralize" their carbon footprint. We will include a carbon calculator on our website and app to determine this footprint, and offsetting can occur through the purchase of UNEP in the online portal.
We have ways to register the trees and zones with governments and calculate the quantity of carbon sequestered per 'block' of trees in said zone. We can then dedicate NFTs (minted on a carbon-neutral blockchain until UNEP's blockchain is up and running) to these carbon offsets, which our application can consult (currently in development). The VER carbon credits will be purchasable by individuals or companies to help offset their carbon footprint. In the case of carbon credits produced by trees, these tokenized CO₂ certificates contain:
● Plot location
● Boundaries
● Vertices
● Central coordinates
● Tree Species
● Measurement methods
● The total amount of CO₂ offset
Certified emissions reduction (CER) are emission units (or credits) created through a regulatory framework (UNEP Tree Application and monitoring tool) to offset a project's emissions. The main difference between the two is that there is a third-party certifying body that regulates the CER. Currently, an ongoing high-level discussion is taking place between the in-house UNEP technical advisors and certification bodies. Some of the work in progress is listed below:
• Demonstration to the community of a carbon-neutral crypto (UNEP).
• Demonstration to the community of an NFT-based offsetting structure.
• Scalable CO₂ certificate model offered to nations, enterprises, and institutions to tokenize new environmental projects like planting, algae, and coral and register them as CO₂ certificates on UNEP's blockchain.
• Tokenization and archiving of singular trees.
• Large tree registries for scalable offsetting through UNEPs Tree monitoring app for tracking for companies.
• Stagingofsupplementaryactionareas.NFTbasedtreetrackingforinstitutionalagricultureand forest conservation under our "Trees Saved" initiative.
UNEP will be stapled to each carbon credit certificate we produce that will be tradable in carbon exchanges, providing a means for our clients and partners to integrate into the UNEP blockchain and cryptocurrency sector and integrate the process into a global exchange platform. With these carbon credits, we shall first offset our own electricity 'footprint' and that of our clients worldwide.
We will also offset the emissions footprint of our flights to the various countries we have been travelling to, creating partnerships. Our carbon arrangement will also add better value for our investors, both as an investment (leveraging UNEP projects like tree growth and emission reduction technologies) and a carbon credit exchange. "The World Bank calculates that carbon prices need to be in the range of US$40-$80 a ton by 2020, and between $50 and $100 a ton by 2030 to achieve the temperature goals in the Paris Agreement."
https://www.reutersevents.com/sustainability/global-race-put-credible-price-carbon
An individual or company's carbon footprint is the total amount of UNEP house gases (GHG) (including carbon dioxide and methane) generated by all activities undertaken. The average carbon footprint for a person in the United States is about 16 tonnes, one of the highest rates in the world.
In the United Kingdom, it is around 8 tonnes. Globally, the average is about 4 tons. To have the best chance of avoiding a 2℃ rise in global temperatures, the average global carbon footprint per year needs to drop under 2 tons per person by 2050. Lowering an individual's carbon footprint from 16 tons to 2 tons does not happen overnight. Luckily, minor alterations to our actions, like reducing meat consumption, fewer flights or journeys by car, and hang-drying our clothes, can all add up and start making a big difference.
This same solution also applies to organizations and corporations, but not to a large enough extent. Since companies constantly demand carbon offsets, continuous revenue will flow into the UN Ecosystem Project (UNEP), leading to more carbon being sequestered from the atmosphere.
Working with The Carbon Consulting Company (CCC), UN Ecosystem Project (UNEP) will quantify the emission reductions that will result from the diverse portfolio of projects that UNEP will facilitate, from tree planting to renewable energy generation and so on. Using globally recognized methodologies, CCC will submit each project to be independently verified per ISO 14064-2, which verifies the reductions of greenhouse gases.
The Sustainable Future Group will carry out the verification and certification; they are the first body to be accredited to issue both parts of this standard in South Asia. Individuals will be able to generate carbon credits from their own homes and gardens using our tree monitoring app, and our application can verify those carbon credits using specific criteria. The individual can then sell the credits to others for offsetting. Users will get paid in UNEP for what has been sequestered. AI can check the species and foliage of the plant or tree to determine the carbon sequestration values.
Another carbon abatement and instant carbon offset initiative will be located on the UNEP website, a personal and corporate Carbon Footprint Calculator. The output displays the number of trees required to offset this CO₂ value.
To offset immediately, purchase carbon credits using UNEP, and a Carbon Certified Reduction NFT (unique carbon sequestration details) is issued and burnt. Taking into account transaction emissions and minting attached NFT emissions. The general consumer will find purchasing carbon credits very easy using this method, and we expect retail investors and individuals to use this feature primarily. However, companies can use this feature too.
The world is digitizing; pollution and greenhouse gases are no exception. UNEP's blockchain will provide a comprehensive and scalable platform for organizations to calculate, track and report their carbon reduction initiatives. Furthermore, they can sell their carbon credits on our platform and buy UNEP carbon credits to cancel their carbon footprint.
We will be implementing the staking program to let our investors get benefit from the UN Ecosystem Project (UNEP) Green Energy programs with an addition of our UNEP blockchain and carbon credit exchange have been fully developed and are available for public use, and we start generating revenue from our various initiatives. We love having a feature like the reflection function of our smart contract (auto-staking) that rewards UNEP investors for holding. We have decided to provide an additional feature on top of the rewards from auto-staking but directly connected to UNEP's initiatives.
UNEP investors will have the ability to earn dividends from UN Ecosystem Project (UNEP)'s revenue streams simply by holding UNEP tokens in their wallets and not selling them. Dividends will be provided from a percentage of our profits from our real-world projects such as recycling, waste, renewables, produce, and other revenue we generate. The dividends will be paid in UNEP proportionate to the amount of UNEP held in the wallet and available for claim quarterly for those who have not sold during the previous three years. There will be a fixed percentage of how much of UNEP's profit is siphoned into the staking pool; therefore, there will be a higher return if fewer people opt to hold without selling and claim rewards.
Traditionally, to stake a token, one would have to send tokens to a staking platform and lock them. The UNEP team is presenting an innovative new approach to this dilemma and will create a smart contract that can scan and track a wallet's transactions and then decide whether it qualifies for staking rewards. On top of staking rewards, the investors can also earn referral rewards on referring to the staking program.
While UN Ecosystem Project (UNEP) continues to engage in a global struggle to combat climate change via traditional carbon sequestration efforts alongside the innovative prowess of blockchain technology, it is also setting its sights on an opportunity in fostering its very own environmentally oriented IDO launchpad community - the UNEP Pad - for other crypto-based startups aiming to make their impact on global warming. This creates yet another use case for UNEP and will reward holders with access to private sales of each project launched by us.
IDO is an abbreviation of "Initial DEX Offering" (the DEX stands for Decentralized Exchange) and is the lucrative crowdfunding model in the cryptocurrency market based on the approval of the market community and other like-minded traders. Ideally, it builds up and expands the legitimacy of the up-and-coming project's coin or token through the public eye, without any third parties affecting its implementation.
UNEP will insert itself into this "UNEP launchpad" as a guide operating in due diligence to verify that the new entries have a proper use case and a good roadmap, as well as a fair launch and allocation of tokens. The entries will be vetted through multiple tiers, preventing any instances of potential fraud. Currently, for each project and token, first, there will be a private sale accessible only to holders of UNEP, and then a fair presale held in coordination with the UNEP Pad team on any one of several IDO platforms. Ultimately, UNEP will be harnessing the community trust for these new coins/tokens to guarantee better performance and results.
We will be implementing the UNEP Pad an act of our project immediately using third-party IDO platforms. This is because very recently, we already have several reputable environmental projects who have come to us asking for help to launch tokens, and we don't have a native IDO platform yet. These projects want to launch before we would be able to have a native platform developed, so in the meantime, we will be using trusted third-party platforms for the presales. We are already discussing several solutions for a native IDO platform, which will be implemented in the future.
Blockchain technology is an innovative solution to the issues in centralized banking. We chose blockchain technology because of its worldwide accessibility and because it makes everything transparently verifiable for everybody involved, which is an excellent feature for regulators and our investors alike. While it is not mature yet, many practical blockchains are being developed, an exciting new technology.
By using the blockchain, we become instantly accessible to anyone around the globe. There is immense growth potential once blockchains become more widely adopted. Also, the NFT system itself allows for innovative mechanisms for carbon credit binding. Planted trees can be monitored and bound to an NFT, making it essentially a form of carbon credit. We are currently actively working with accredited agencies and governing bodies on developing the certification for these carbon credit NFTs.
We understand that certain blockchains use a large amount of energy, resulting in a sizable carbon footprint. Bitcoin mining has recently become a hotly debated topic, garnering attention worldwide because of Elon Musk's tweets about the environmental impact. For example, the CBECI (Cambridge Bitcoin Electricity Consumption Index) reports that electricity consumption for Bitcoin operation is anywhere from 45 to 500 Terawatt-hours. We should note that this is still less than the current commercial banking industry, although exact numbers are difficult to estimate.
These problems are inherent with Bitcoin, though, and we want to make it very clear that TRIP is currently on the Binance Smart Chain (BSC). BSC is not on the Bitcoin blockchain and operates quite differently due to how transactions are verified on the blockchain. BSC uses consensus algorithms or consensus mechanisms.
While a deep dive into the software of a UNEP is outside the scope of this discussion, there are many different types of consensus mechanisms. For example, Bitcoin uses Proof of Work (POW), in which computers that have the blockchain software installed (a Bitcoin "node") use computing power electricity to solve complex algorithms (a "hash"). When the algorithm is solved, transaction blocks are validated on the blockchain, and new bitcoins are minted. This process causes the Bitcoin network to require a large amount of electrical power to operate effectively.
Proof of Stake (POS) is a different type of consensus mechanism. Instead of computing power, a 29 node can stake a certain amount of an asset and be selected to help validate transactions on the blockchain. Validators are selected arbitrarily depending on the blockchain's consensus algorithm, 30 and the reliance on arbitrary election versus Proof of Work significantly reduces energy consumption.
The BSC uses a hybrid system called Proof of Staked Authority (POSA). The UNEP of how POSA works are similar to POS, with some changes. This mechanism allows BSC to operate much more energy-efficiently than other blockchains and is one of the reasons we chose to launch on BSC. We also chose BSC because of its popularity and ease of access to the average investor. It is a worldwide ledger system, allowing access to anybody without sluggish, overbearing centralized banking authorities. In the future, we will be bridging over to our, UNEP blockchain which will be ultimately carbon negative.
How Can I Help? "Rights of the unborn" and "inter-generational equity" are fundamental. Please check the information below on how you can be part of this movement, whether you are an individual or a corporate or educational institution. For some time now, governments worldwide, development agencies, the private sector, non-profit organizations, and like-minded individuals have all been doing many things to impart some relief to avert the build-up of greenhouse gases in the atmosphere. Together we can make a difference before it is too late.
The unprecedented rise of greenhouse gases, undoubtedly caused mainly by anthropogenic acts in the name of development, leads to global warming. Large amounts of carbon dioxide (CO₂) emissions that have caused atmospheric temperatures to go up to unprecedented levels have been accelerated by climate change. The increase in atmospheric temperatures and reduced sunlight on Earth's surface causes crop cover, habitats, and biodiversity loss. At the same time, it is responsible for causing severe weather events such as thunderstorms and cyclones with increased regularity and impact on a scale never experienced before. Global warming is also rapidly melting polar ice caps and causing an alarming rise in ocean levels. This process could see humankind approach a slow and lingering end unless something is done right now.
Island nations like the Maldives and many Pacific islands may well be the first to feel the incoming attack from global warming, as the rising ocean levels will soon engulf these small low-lying island states and make them uninhabitable. The recognition of these perils against such island countries is embodied in the themes and declarations adopted by forums hosted by organizations such as the United Nations, the Climate Change Secretary, and others. However, unfortunately, little action has been taken yet. There has been a sharp rise in CO₂ levels, increasing from about 280 PPM to over 400 PPM in the last century or so, similar to the levels prevalent in the Pliocene Epoch millions of years ago.
However, this unnatural process can be directly attributable to modern human lifestyles using high amounts of electricity and other unrenewable energy forms. The electricity needed for today's society is vast and can only be appeased by large thermal power stations that operate on coal, diesel, and natural gas. A typical coal power generating station can consume more than 5 tons of coal per minute, thus emitting tons and tons of CO₂ every day. In addition to global warming, the use of limited petroleum fuel stocks to appease today's need for energy leaves an irreparable opportunity loss cast on future generations and the birth of an intergenerational equity gap that will heavily affect future generations.
We all have been expecting this catastrophe for some time now. It would be fair to say that most of us, being responsible citizens, would have adopted many personal and corporate measures within our means to reverse the global warming trends and thus make the Earth a better place. Some of us have pursued efforts to seek simple lifestyles with lower emission footprints. Corporate Social Responsibility (CSR) and Good Governance have all become buzzwords. All this is good, but it will not be enough to save the Earth from the impending tragedy where all ecosystems will soon be in danger.
Why? We can not simply undo the level of emissions already released in the atmosphere in tonnage and weight by switching to green energy alone, carpooling, energy management, saving the corals, and other trendy adoptions that are going on at this late stage. This is the eleventh hour, and more vigorous or aggressive undertakings to reverse global warming trends are needed. It is known that CO₂ is a stable molecule that can remain in the atmosphere for over 100 years, and hence undoing what is already in the air should also become part of our master plan of restoring environmental normalcy. In other words, it seems that CO₂ must be removed from the atmosphere and safely sequestered for generations to come.
Today, many proponents are doing good programs in renewable energy management, enhancing efficiency in public transport, changing fleets, revolutionizing naval, air travel, and more. All these efforts are an attempt to arrest the level of CO₂ and other emissions into the air. While these programs to offset CO₂ and other emissions are great, what is needed is to aggressively take on new activities to draw back the CO₂ into the soil and convert this to a large tree or canopy cover, which will, in turn, store the carbon in tree leaves, bark, stems, and roots. Enhanced climatic health and a liveable environment will soon dawn upon us. Reforestation stands out as a simple and economical method to arrest global warming and absorb the CO₂ back into the Earth, known as carbon sequestration. Carbon Capture and Storage (CCS) is a different method using vessels or containers to trap carbon in underground tanks. However, these methods themselves require energy in sizable demand. However, anyone can engage in carbon sequestration by growing tree 32 covers without sophisticated equipment and significant expenditure.
In our pursuit to effectively sequester carbon with enhanced tree cover, we have activated a brand-new mechanism using a cryptocurrency-supported program called UN Ecosystem Project (UNEP). A deep-rooted motivation for this was drawn from a famous Dr Seuss book UNEP's founder read as a child, called The Lorax, which says, "Unless someone like you cares a whole awful lot about the environment, nothing is going to get better. It's not."
UN Ecosystem Project (UNEP) targets to plant a billion trees worldwide in at least twenty-five countries within ten to twenty years using partnerships formed with concerted action groups in each country. If one medium to large tree sequesters one ton of carbon in forty years, the amount of carbon sequestered will be huge. UN Ecosystem Project (UNEP) is setting up a brand-new process unlikely to any similar programs that have already been developed in parts of the world.
We believe in bringing everyone together in carbon sequestration to fight the common challenge of global warming using new funding methods. We are running out of options and need to act now. It may be a small move that can be made by supporting UN Ecosystem Project (UNEP), but its impact will be far-reaching to world out there and will signal hope to the rest of the world.
"With global carbon prices set to increase further in the future, minimizing the GHG emissions of a portfolio should not only contribute to the fight against global warming, but it should also lead to better risk-adjusted returns in the long run."
https://am.jpmorgan.com/hu/en/asset-management/institutional/insights/market-insights/ market-updates/on-the-minds-of-investors/carbon-pricing-implications/
"According to the OECD, a price of $147 a tonne is needed by 2030 if the world hopes to reach net-zero carbon emissions by 2050, almost triple the current price in the EU's Emissions Trading System of around $59 a ton."
"Exxon believes there will be a $2 trillion market for carbon capture by 2040 and recently announced a $3 billion investment over the next five years in new carbon capture and storage (CCS) projects.
https://www.forbes.com/sites/daneberhart/2021/03/09/oil-giants-bet-big-on-expected-2-trill ion-carbon-capture-market/?sh=122602813e8a
UN Ecosystem Project (UNEP) Company Registered.
UNEP Concept and Idea Conceptualization.
Launch to BSC MainNet
The initial fair launch of the UNEP Staking Platform to BSC Main Net took place on March 24th, 2023.
Liquidity Lock
Liquidity Stocks in Pancake Swap starts on March 24th 2023.
Smart Contract Verified and Audited of Ownership of the Smart Contract by Certik and Solidity BSC Verifier.
Multiple Audits
Smart Contract Audits will be applied for and completed by several auditing groups.
Listing on CoinGecko and CoinMarketCap
Multiple Price tracking services listed UNEP, including CoinMarketCap and CoinGecko.
Centralized Exchange Applications.
Listing UNEP on various Centralized Exchanges.
1. Hotbit
2. Mercatox
3. BTC-Alpha
4. BitMex
Launch of the Dapp Refi Platform.
Launch of the UN Ecosystem Project (UNEP) Booking Platform.
Launching of the UN Ecosystem Project (UNEP) Travel Booking. The platform where users can book Hotels, Flights, and Cabs and recharge their mobiles using the UNEP Token.
Release of the UN Ecosystem Project (UNEP) Android/iOS App
Development and launch of the first UN Ecosystem Project (UNEP) app with various basic initial features available on iOS and Android. Updates ongoing.
Development of revolutionary features for the UN Ecosystem Project (UNEP) Android/iOS App
The development of the UN Ecosystem Project (UNEP) app will continue. The app will have many revolutionary features, mainly regarding reforestation and carbon sequestration/credits.
Carbon Sequestration Partnerships with Nation-States
Partnerships with specific countries. their governments, and NGOs to bring lasting solutions to fight climate change, rising sea levels, and other environmental perils.
Vietnam – 100,000,000 Tree initiative.
India – 100,000,000 Tree Plantation initiative.
Maldives – 1,000,000 Tree initiative + Recycling plastics from ocean/beach clean-up. (Ongoing discussions with other nations and NGOs)
UNEP Insurance.
UN Ecosystem Project (UNEP) and other customers can use UNEP tokens to insure their crypto wallet for any theft, loss or damage. They can also use UNEP tokens to insure health and medical insurance.
The application process is currently ongoing.
Continued Carbon Sequestration Partnerships with Nation-states
We will continue planting trees, nurseries, and recycling around the world. We will add many more countries and NGOs to a growing list of partnerships, and we will continue making a dent in climate change together. Update: 1 billion tree planting.
Carbon Credit Certification (Third Party registered)
UN Ecosystem Project (UNEP) has been working with various carbon credit certification bodies to register UNEP CCNFTs (carbon credit non-fungible tokens) to be utilized as carbon credits. Corporations and individuals could then use UNEP CCNFTs to offset their carbon footprint. This is an ever-growing market that will be worth trillions of dollars over the next decade.
Minting of original certified carbon credit NFTs
Starting on Phantasma's blockchain in partnership with them. We will commission known artists for pro bono NFT auctions in which profits will be reinvested into the carbon sequestering act of our project. NFTs will be minted on a carbon-neutral/negative blockchain TBA in Q3 as technology is rapidly evolving. Long term, we will only use our UNEP blockchain, but we will use another in the meantime until ours has been fully developed and is up and running efficiently.
UNEP Pad
UN Ecosystem Project (UNEP) will be developing a green project launchpad. Holders of UNEP can qualify for guaranteed allocation of private sales for these carbon-free projects. The UNEP team will heavily vet potential projects before they are eligible to launch via the UNEP Pad.
Polygon bridge
UNEP will be bridged to Polygon. Liquidity will be added to a decentralized Polygon exchange.
Additional Exchange Listings
We will be in contact with various exchanges that are interested in listings UNEP. Exchanges that will be listing UNEP:
1. Binance.
2. Coinbase.
3. KuCoin.
UN Ecosystem Project (UNEP) will be Trademarked
The application process is currently ongoing.
UN Ecosystem Project (UNEP) Merchandise.
UNEP merch will be available in Q1 2024 with a store on the official unecosystem.com website. Plastics recovered from beach and ocean cleaning activities will be used for the merchandise. Clothes and materials made from recyclable materials will be sold in these stores.
The bridge onto more blockchains & Tier 1 Exchange Listings
After bridging to Polygon, Solana is our next target. Also, UNEP will list on multiple tier 1 exchanges. (Gate, Huobi, Kucoin, Binance, Coinbase, and more have been applied to and contact is ongoing).
Carbon Exchanges
We will apply to and list on various Carbon Credit Exchange platforms.
UNEP Blockchain (UNEPC)
This will be where our carbon credit ecosystem will be located. We will use other blockchains until we have launched UNEPC, as we already have certified carbon credits ready to sell.
UNEP Exchange (UNEPX)
We are developing our carbon credit exchange, allowing companies and individuals to buy and exchange carbon credits. This will provide the majority of the UN Ecosystem Project (UNEP)s funding, which will be reinvested into sequestering more and more carbon, thus creating a sustainable model for fighting global climate change. UNEP cryptocurrencies will also be able to get listed and traded on the UNEPX platform, but only UNEP will be used to buy UNEP's carbon credits.
2024 (Phase II)
Launch of UNEP NFT Market Place. Build NFT Tree, NFT Land, NFT Real Estate, NFT Voucher. Expanding afford restation in Asia and Amazon.
Strategic Connections
We will coordinate with crucial entities in the recycling industry involving metal, plastics, municipal solid waste, and other components that can potentially cause pollution.
Launch of Revolutionary v2 UN Ecosystem Project (UNEP) Android/iOS App
UN Ecosystem Project (UNEP) will launch the next version of the UNEP Android/iOS app. In addition to all of the previous features of the app, there will be a wide array of new revolutionary features, including detailed reforestation metrics and carbon sequestration/credits calculations and certifications.
UN Ecosystem Project (UNEP) will launch the next version of the UNEP Android/iOS app. In addition to all of the previous features of the app, there will be a wide array of new revolutionary features, including detailed reforestation metrics and carbon sequestration/credits calculations and certifications.
UNEP Game
We will be developing a game that consumes UNEP. Details are still to be decided.
UNEP Medicare
UNEP Medicare will help customers to use UNEP to consult doctors, order medicines only and all pathological tests just through UNEP Medicare globally. Customers can also book emergency ambulance services using UNEP Token around the globe.
2024 (Phase III)
Development of RF Chain Mainnet (a blockchain dedicated to ReFi projects and tackling global climate change. Also, build Dapp RF Chainand ReFi Metaverse etc.
2024 (Phase IV)
IPO of UN Ecosystem Project (UNEP) in the NASDAQ Exchange and in the Australian Stock Exchange.
Research
Carbon Sequestration Methodology of UNEP
Various research institutions have developed a good number of carbon sequestration methodologies. UNEP uses a process referenced mainly from the US Department of Energy (1988 Version), namely 'Method for Calculating Carbon Sequestration by Trees in Urban and Suburban Settings.' However, UNEP also uses other databases to assist with carbon sequestration.
UNEP has assigned an in-house practitioner to follow up on each sequestration inquiry we get using the general algorithm described below. Using this approach, UNEP can develop carbon sequestration values for any type of tree in any part of the world.
General Methodology for Computing carbon sequestration
Determination of Tree species Characteristics: List each distinct tree species included in the sequestration project by the year involved. List trees of a different age separately, even if they are of the same species (e.g., list one-year-old red cedars on a separate row from two-year-old red cedars).
● Determinant of tree age benchmarked to the year of measurement (reporting year).
● Enter the total number of trees of particular tree species and age category initially planted as part of the project.
● Enter the survival factor from the literature for the Particular Tree species or use the reference shown.
● Enter the number of trees surviving at the end of the reporting year.
● Annual Sequestration Rate: Determine from given literature.
● Determiner Carbon Sequestered (Multiply the number of trees surviving by annual sequestration rate from literature).
Some other databases are:
A Compendium of Carbon Enhancing Technologies, Approaches and Practices for African Soils, March 2019 World Agroforestry.
Carbon Capture and Storage Database, published by National Energy Technology Laboratory https://netl.doe.gov/coal/carbon-storage/worldwide-ccs-database
A National Carbon Sequestration Database and Geographic Information System (NATCARB) https://digital.library.unt.edu/ark:/67531/metadc787969/
Renewable Energy (RE)
When it comes to costing environmentally friendly renewable fuels or energy, the following cost elements are generally applicable.
● Equipment Erection and Decommissioning Costs
● O & M Cost
● Fuel Costs: Considered almost zero as renewable energy is involved.
However, the externality costs shown above cannot be so factored into renewable energy systems due to their environmentally benign nature compared to those in fossil fuel-driven energy systems.
This yields a different LCoE value system when it comes to renewable energy costing.
For this reason, LCoE Costs are not a good measure to view fossil fuel and renewable energy on a side-by-side (or comparative) basis.
This is inherent in the manufacturing costs of many production systems, including cryptocurrencies, where the manufacture of cryptocurrencies using fossil fuels is more expensive than even what is shown. If renewable energy can be used for this process, the costs would be definitively lower, provided the capital costs of the RE equipment are also sufficiently low. This is one of the highlights of UNEP's research.
Future Generational Value Systems: This is a crucial area of UNEP's ongoing research, and more highlights of this area will be provided shortly. Trip Foundation is for future generations that do not yet have a say on the damage being done to the environment.
Official website:
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