CaVeX (Carbon Value Exchange)

Product Description

CaVex is a digital platform that opens the doors to small clean projects that are currently excluded from the voluntary carbon market capturing a large amount of data. Digital technology remotely monitors clean projects this data-rich approach leads to accuracy by reducing the need for site visits smaller project owners benefit from the lower verification cost, creating a more inclusive marketplace.

Cavex continuously converts climate-positive activities to carbon credits tradable on the carbon voluntary market. Buyers can search for credits by project type or location and complete their purchases on the platform. The integrated digital ledger provides immutable records of transactions eliminating the risk of double counting and funds from sales of carbon credits flow directly to the people and communities running the project with the highest level of transparency.

Distributors / Implementing Organizations

4R Digital

Manufacturing/Building Method

The platform was developed by 4R Digital

Intellectural Property Type

Other

User Provision Model

Free registration in the website

Distributions to Date Status

N/A

Design Specifications

Using technology advancements in remote sensing, device connectivity (the “Internet of Things”, or “IoT”) and digital payments, the platform enables micro-small projects to be rewarded for reducing or removing carbon emissions in a highly transparent, auditable and fair way. The objective of CaVEx is to use available technologies to reduce the costs of collecting project related data without compromising quality.

Technical Support

Provided by 4R Digital.

Replacement Components

N/A

Lifecycle

N/A

Manufacturer Specified Performance Parameters

N/A

Vetted Performance Status

N/A

Safety

N/A