Davos, Switzerland Feb 5 :The Confederation of Coconut Farmers Organizations of the Philippines and EcoGuard Global AG have signed a landmark agreement at the World Economic Forum (WEF) Annual Meeting in Davos to establish the Philippines’ first Carbon Office, powered by a digital carbon financing and exchange platform built on Hedera. The initiative will be developed in partnership with Telenym as the local technology partner.
The agreement marks a major milestone in the evolution of Carbon Markets 2.0, as governments and institutional investors increasingly demand real-time verification, auditability, and transparency across carbon markets. The EcoGuard Platform will digitise and automate the entire carbon asset lifecycle—from project registration and digital Monitoring, Reporting and Verification (dMRV) to issuance, tracking, trading, and retirement—ensuring full traceability and data provenance for every carbon credit.
EcoGuard Global’s infrastructure enables regulated carbon bank capabilities and managed carbon marketplaces across both compliance and voluntary markets. By connecting interoperable domestic and international platforms, the solution enhances market integrity while enabling governments and enterprises to monetise decarbonisation in line with evolving regulatory frameworks, including Article 6 of the Paris Agreement.
CONFED represents over 3 million coconut farmers across the Philippines and, under the country’s COCAL Program, manages an estimated 540 million tonnes of CO₂e through regenerative agriculture spanning 3.6 million hectares. As part of the agreement, EcoGuard plans to register 347 million coconut trees on its platform—enabling farmers to monetise the carbon sequestration already occurring across the country’s coconut landscapes, while supporting national net-zero objectives.
Commenting on the collaboration, Charles Avila, President, CONFED, said,
“As the Philippines prepares for Carbon Markets 2.0—with real-time dMRV replacing manual, episodic audits—we can now ensure that when farmers sequester carbon, financial incentives are delivered immediately and accurately, rather than at the end of a multi-year cycle and after significant value erosion due to administrative overheads and compliance costs. EcoGuard brings a high-integrity, optimised platform that meets the stringent requirements of institutional carbon investors, enabling climate finance at scale.”
EcoGuard Global AG is a Swiss-headquartered carbon technology company providing digital carbon market infrastructure for governments and multinational corporations. Built on Hedera Hashgraph, one of the world’s most energy-efficient distributed ledger technologies, EcoGuard ensures that every transaction across the carbon value chain is immutable, transparent, and auditable. The company is currently deploying similar State Carbon Bank infrastructure in India and other global jurisdictions, while actively participating in carbon markets as a developer and enabler of high-integrity climate projects.
Commenting on the agreement, Yashodhan Ramteke, CEO, EcoGuard Global, said,
“Carbon markets will only scale when they work for the people delivering measurable climate impact. Through this partnership with CONFED, we are enabling millions of Filipino farmers to access global climate finance through a Carbon Markets 2.0 framework—digitally verifiable, investor-grade, and aligned with Article 6. Built on Hedera, this platform ensures transparent value flows at fair market prices while establishing national carbon infrastructure the global market can trust.”
EcoGuard is part of The Hashgraph Group (THG), a Swiss-based Web3 technology engineering company operating within the global Hedera ecosystem. In November 2025, THG signed a Collaboration Agreement with the Department of Science & Technology (DOST), Philippines, to jointly develop technology applications across smart agriculture, sustainable communities, circular economy initiatives, and carbon credit systems, leveraging Hedera as the underlying DLT network.
Under the agreement, EcoGuard will deploy, operate, and manage the CONFED Carbon Office, customised to national and sectoral requirements. The platform is targeted for deployment by June 2026 and will support international carbon credit trading under the UN Article 6 framework. Built on the industry-standard jBPM (Java Business Process Management) workflow engine, the platform automates complex, multi-stakeholder carbon processes, with cryptographic proof anchored on Hedera at every stage.
The Philippines is the world’s second-largest coconut producer, generating approximately 15 million tonnes annually. Article 6 presents a significant opportunity for the country to access higher-value international carbon markets. Revenues generated will be distributed to farmers to improve livelihoods, while also supporting CONFED’s large-scale replanting programme targeting 100 million new coconut trees by 2028, alongside investments in smart farming technologies to enhance productivity and climate resilience.