Updated on April 12, 2024

·

Created on December 6, 2022

CaVeX (Carbon Value Exchange)

A platform that monetises carbon reduction and sequestration activities from a range of micro-small projects.

Developed By
  1. 4R Digital
Content Partners
Unknown

Author

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. 

Target SDGs

SDG 13: Climate Action

Target Users (Target Impact Group)

Small and Medium-sized Enterprises

Distributors / Implementing Organizations

4R Digital

Manufacturing/Building Method

The platform was developed by 4R Digital

Intellectural Property Type

Select Type

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.

Product Schematics

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

Complementary Technical Systems

Laptop or desktop

Academic Research and References

None

Compliance with regulations

N/A

Other Information

N/A

Leave a Reply

Explore similar solutions

Agriculture

February 23, 2024

Ethiopian Commodity Exchange (ECX)

Read Solution

Implemented by

The Government of Ethiopia

Agriculture

September 28, 2019

Open Learning Exchange – OLE

Read Solution

Agriculture

September 16, 2020

Humanitarian Data Exchange

Read Solution

Agriculture

January 8, 2024

YakuPura Carbon Filter

Read Solution

Implemented by

YakuPura

Agriculture

March 13, 2024

FSI QE Series Carbon Fiber Framed Shelters

Read Solution

Agriculture

March 18, 2024

Angaza PAYG Platform

Read Solution

Implemented by

Angaza

Agriculture

March 27, 2024

Openstreetmap

Read Solution

Implemented by

Map Kibera

Agriculture

March 15, 2024

Kytabu

Read Solution

Implemented by

Kytabu Company Ltd

All Solutions

Contribute to E4C's Library of Breakthrough Sustainable Development Technology Solutions

Suggest A Solution

Get more information about Solutions Library and its features.

Learn More

Have thoughts on how we can improve?

Give Us Feedback

Join a global community of changemakers.

Become A Member