Overview
web3 for ESG
Last updated
web3 for ESG
Last updated
ECO (Enterprise Carbon Offsets) is the first web3 offering to introduce the benefits of the digital carbon market to Fortune 500 enterprises. ECO enables programmatic, on-chain retirement of carbon with a very straightforward API for integration into the enterprise application fabric. In addition to the developer-friendly retirement API, ECO delivers a breakthrough innovation for carbon reporting when used the with zero-knowledge cryptography tools enabled by the PRVD stack. ECO brings enterprise systems such as SAP and ServiceNow to the frontier of web3 regenerative finance (aka ReFi).
Carbon offsets are a key part of the net zero global movement and ESG goals that enterprises, governments, and NGOs are urgently working to meet. With ECO, enterprises are able to meet their sustainability goals like never before by purchasing digital carbon offsets and retirements using supported on-chain providers without taking custody of crypto or other digital assets. Provide Payments allows these transactions to be completed using fiat for a seamless experience.
Additionally, enterprises will be able to improve the outcomes of scope 1, 2, and 3 carbon emissions reporting and verification using open-source web3 infrastructure such as the PRVD stack.
To get started using the ECO API, clone the CLI repo and build it from source (requires golang >= 1.13
) or download a binary from the latest release.
After you have prvd
on your PATH
, complete the following steps to get started using ECO:
Create a user by running the following command:
prvd users init
Authenticate using the credentials you just created:
prvd authenticate
Create an organization:
prvd organizations init
Using the organization identifier returned upon creating your organization, vend access and refresh tokens for use with the API:
prvd api_tokens init --organization <uuid>
Be sure to use the access token for calling the API and the refresh token for authorizing new access tokens.