Hedera: 3 million Filipino farmers to monetize their carbon

Illustration generated with OpenAI

18 Sep 2026Mattis Meichler

A carbon platform for coconut producers

Can blockchain really help farmers make money from the carbon they store? This is the promise of EcoGuard Global, a company from The Hashgraph Group, which has just launched a platform for coconut producers in the Philippines in collaboration with the Confederation of Coconut Farmers Organizations (CONFED).

Named the CONFED Carbon Office, the initiative aims to allow more than 3 million farmers, spread over approximately 3.6 million hectares, to register environmental projects, verify their results, and then issue and sell carbon credits. The system is based on Hedera, whose blockchain is used to record data and transactions in a traceable manner.

The stated goal is to facilitate access for small rural farms to international climate finance. The coconut sector is particularly important in the Philippines, where authorities are already working on a framework to better compensate agricultural practices capable of storing or avoiding CO2 emissions.

A first project on the island of Samar

A first farm located on the island of Samar has already been integrated into the platform. According to EcoGuard, the Samar COCAL Agroforestry Project could generate up to 200,000 carbon credits per year. The company also claims to have invested itself in an initial tranche of credits from the project.

In theory, each credit corresponds to one ton of CO2 avoided or removed from the atmosphere. These credits can then be purchased by companies or investors looking to offset part of their emissions.

How can blockchain improve one of the world's most complex supply chains?

In our latest conversation with @HBARBull, we discuss how @PwC, @merckgroup, and The Hashgraph Group are using Hedera to bring trusted traceability to cocoa through physical authentication and digital... pic.twitter.com/eT78O7Vg1v

--- The Hashgraph Association (@The_Hashgraph) September 15, 2026

Hedera mainly acts as a technical registry. Its Guardian tool allows for the preservation of data related to projects, calculation methods, and verifications, making credits easier to audit and limiting certain risks of fraud or double counting.

However, this is also where the main limitation of the system lies: a blockchain can make a piece of data tamper-proof once recorded, but it does not guarantee that this data was correct to begin with.

A technology that does not address the weaknesses of carbon credits

The carbon credit market remains highly contested. Several studies have shown that some projects overestimate the actual emission reductions achieved, fund actions that would have occurred anyway, or suffer from issues of permanence and double counting. A comprehensive review published in 2025 estimated that these flaws remain largely systemic.

The central problem is that of additionality: it must be demonstrated that the carbon stored or avoided would not have been without the funding from the credits. The OECD itself emphasizes that this aspect will need to be rigorously monitored in the Philippines, with transparent governance and independent oversight.

In other words, Hedera can improve the traceability of the carbon market, but it cannot alone resolve the most important question: the actual environmental quality of the credits sold.

The project will therefore need to be judged less on the number of transactions recorded on the blockchain than on three much more concrete criteria: the amount of carbon actually stored, the independence of the verifications, and above all the revenues actually received by Filipino producers.

Sources: The Hashgraph Group

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