Archeda Inc. (Head Office: Chiyoda-ku, Tokyo; Representative Director: Hirotada Tsumura), which has a mission to “Unlock the Hidden Value of the Earth” and develops MRV solutions for nature-based carbon credits, announces that it has been selected for the technology development theme "Satellite Data Utilization System Implementation Acceleration Project" under the Space Strategic Fund Program (Phase II) promoted by the National Research and Development Agency Japan Aerospace Exploration Agency (JAXA). Following this selection, Archeda will promote technology development aimed at advancing a platform for nature-based carbon credits in Asia, utilizing satellite data.
### Overview of the Space Strategic Fund Program
The Space Strategic Fund is a research and development support system established at JAXA with the aim of strengthening the competitiveness of Japan's space industry and promoting the social implementation of space technology. The Japanese government plans to invest up to 1 trillion yen over the next 10 years to support technology development in the space sector by companies, including startups, and universities, with the goal of forming a space industry ecosystem through industry-academia-government collaboration and expanding the market. Space Strategic Fund Website: https://fund.jaxa.jp/
### Selected Project Technology Development Theme Name: Satellite Data Utilization System Implementation Acceleration Project Implementing Organization Name: (Lead Organization) Archeda Inc. Research Representative Name: Hirotada Tsumura Technology Development Issue Name: "Advancement of Nature-Based Carbon Credit Platform for Asia Utilizing Satellite Data"
### Background of Technology Development In recent years, as decarbonization efforts by companies and governments expand globally, the demand for nature-based carbon credits has rapidly increased. However, the creation of carbon credits targeting natural environments such as forests and agricultural lands faces challenges such as accurate measurement of greenhouse gas absorption, ensuring transparency and reliability of projects, and wide-area and long-term monitoring. Therefore, the efficiency and advancement of MRV (Measurement, Reporting, Verification) processes have become important themes. Satellite data is attracting attention as a crucial technology for MRV of nature-based carbon credits due to its ability to provide wide-area and continuous observation.
### Archeda's Initiatives Archeda is developing an MRV platform for the creation of nature-based carbon credits using satellite data. In this project, we will promote the advancement of environmental monitoring technology for forests, agricultural lands, mangroves, etc., utilizing satellite data, the streamlining of carbon credit creation processes, and the expansion of the platform for project developers in the Asian region. Through this, we aim to improve the transparency and reliability of carbon credits and contribute to the healthy development of the market. Furthermore, by accelerating the social implementation of satellite data-based MRV solutions, we will contribute to the expanded utilization of space technology in the environmental field.
### About Archeda
Archeda is a startup with a mission to "Unlock the hidden value of the Earth." It develops dMRV solutions for nature-based carbon credit projects using satellite data. We provide optimal analytical solutions at each stage of the project development process (site selection, project registration, monitoring, reliability checks, etc.). Our company focuses on projects based on natural environments such as forests (afforestation, reforestation, revegetation: ARR, Reducing Emissions from Deforestation and Forest Degradation in developing countries: REDD+, etc.), paddy fields (Alternate Wetting and Drying: AWD), and mangroves, and supports international methodologies such as VCS, Gold Standard, and JCM. Furthermore, we also provide solutions for local governments and forestry businesses, such as estimating forest resources and detecting illegal logging using satellite data.
◆ Archeda Company Overview Company Name: Archeda Inc. Established: September 2022 Representative: Representative Director Hirotada Tsumura Location: Kasumigaseki Building 36F, 3-2-5 Kasumigaseki, Chiyoda-ku, Tokyo Business Activities: Natural environment analysis business utilizing satellite data, carbon credit monitoring and analysis business
Website: https://archeda.inc LinkedIn: https://www.linkedin.com/company/archeda-inc X: https://x.com/ArchedaInc Facebook: https://www.facebook.com/Archeda
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- Source: PR TIMES
- Category: partnership|award