Key Takeaways
- CONFED and EcoGuard Global signed an agreement at the World Economic Forum in Davos.
- The partnership will establish the Philippines’ first national Carbon Office powered by a digital platform built on Hedera.
- The initiative aims to digitize the full carbon credit lifecycle with real-time monitoring and verification.
- More than 3 million coconut farmers are expected to benefit through access to carbon finance.
- The platform is targeted for deployment by June 2026 and aligned with Article 6 of the Paris Agreement.
CONFED and EcoGuard Global Formalize Carbon Office Agreement at WEF Davos
The Confederation of Coconut Farmers Organizations of the Philippines (CONFED) and EcoGuard Global AG announced the signing of an agreement at the World Economic Forum Annual Meeting in Davos to establish the Philippines’ first Carbon Office. The initiative will be powered by EcoGuard Global’s digital carbon financing and exchange platform, built on Hedera, with Telenym serving as the local technology partner.
The agreement reflects growing global demand for real-time verification, auditability, and transparency in carbon markets. The EcoGuard platform is designed to digitize and automate the full carbon asset lifecycle, including project registration, digital Monitoring, Reporting and Verification (dMRV), issuance, tracking, trading, and retirement of carbon credits, ensuring traceability and data provenance.
CONFED Coconut Farmers to Access Digital Carbon Markets
CONFED represents more than 3 million coconut farmers across the Philippines and manages an estimated 540 million tonnes of CO₂e through regenerative agriculture under the national COCAL Program. As part of the agreement, EcoGuard Global plans to register approximately 347 million coconut trees on its platform, enabling farmers to monetize existing carbon sequestration activities while supporting national climate targets.
“With the Philippines preparing for Carbon Markets 2.0, we can now ensure that when a farmer sequesters carbon, the financial incentives are delivered immediately and accurately,” said Charles Avila, President of CONFED. He noted that real-time digital verification can reduce administrative overhead and value loss associated with traditional carbon credit processes.
EcoGuard Global Platform Supports Article 6 Carbon Trading
EcoGuard Global AG is a Swiss-based carbon technology company providing digital infrastructure for regulated and voluntary carbon markets. Built on Hedera Hashgraph, the platform enables immutable, transparent, and auditable transactions while supporting compliance with evolving regulatory frameworks, including Article 6 of the Paris Agreement.
“Carbon markets will only scale when they work for the people delivering measurable climate impact,” said Yashodhan Ramteke, Chief Executive Officer of EcoGuard Global. He stated that the partnership is intended to connect Filipino farmers with global climate finance through an investor-grade, digitally verifiable framework.
Deployment Timeline and National Impact
Under the agreement, EcoGuard will deploy, operate, and manage the CONFED Carbon Office, customized to national and sectoral requirements. The platform is expected to be operational by June 2026 and support international carbon credit trading. Revenues generated are intended to be distributed to farmers, while also supporting replanting initiatives targeting 100 million new coconut trees by 2028 and investments in smart farming technologies.
