What is the name of your organization?
Yna Kenya
What is the name of your solution?
Net Tribe Carbon
Provide a one-line summary or tagline for your solution.
Empowering sustainable e-mobility through transparent, AI-driven carbon credit tracking and blockchain-based financing.
In what city, town, or region is your solution team headquartered?
Nairobi, Kenya
In what country is your solution team headquartered?
KEN
What type of organization is your solution team?
For-profit, including B-Corp or similar models
Film your elevator pitch.
What specific problem are you solving?
Net Tribe Carbon addresses the dual challenges of limited transparency in carbon credit markets and inadequate financing for electric mobility (e-mobility) in developing countries, particularly in sub-Saharan Africa. Despite the potential of carbon markets to support climate action, structural barriers have limited returns for least developed countries (LDCs), with the market value of carbon credits from LDCs being about $403 million in 2023 far below the $1 trillion needed annually to meet the Sustainable Development Goals by 2030 . The high upfront costs of electric vehicles (EVs) and limited financing options hinder the adoption of e-mobility solutions, which are crucial for reducing greenhouse gas emissions and improving air quality
By leveraging blockchain and IoT technologies, Net Tribe Carbon provides a transparent platform for tracking and trading carbon credits, ensuring that the benefits reach local communities and support sustainable development. Furthermore, by facilitating access to financing for electric motorcycles, the solution promotes the adoption of clean transportation options, contributing to climate goals and economic empowerment in the region.
What is your solution?
Net Tribe Carbon is an innovative platform that leverages Internet of Things (IoT), Artificial Intelligence (AI), and blockchain technologies to transform carbon credit tracking and financing within the electric mobility sector. By integrating IoT devices into electric motorcycles, the platform collects real-time data on emissions reductions. AI algorithms process this data to accurately calculate the amount of carbon offset achieved. These verified carbon offsets are then tokenized on a blockchain network, ensuring transparency, traceability, and security in carbon credit transactions.
The platform also facilitates decentralized financing by issuing asset-backed tokens, enabling investors to fund electric vehicle adoption while receiving verifiable carbon credits in return. This approach not only promotes the use of clean transportation but also ensures that the benefits of carbon trading reach local communities. By combining advanced technologies, Net Tribe Carbon provides a scalable and trustworthy solution for carbon credit management and sustainable mobility financing.
Link to a video of a product demo.
https://youtu.be/GrIdvEog_PE
Who does your solution serve, and in what ways will the solution impact their lives?
Net Tribe Carbon serves underserved communities in sub-Saharan Africa, particularly informal motorcycle taxi (boda boda) operators, women riders and entrepreneurs, and youth in peri-urban and rural areas. These groups often face barriers such as limited access to affordable electric vehicles, lack of financing options, and exclusion from the benefits of carbon credit markets.
By integrating Internet of Things (IoT) devices into electric motorcycles, Net Tribe Carbon enables real-time tracking of emissions reductions. Artificial Intelligence (AI) algorithms process this data to accurately calculate carbon offsets, which are then tokenized on a blockchain platform. This system not only provides transparency and security in carbon credit transactions but also opens up new revenue streams for riders and communities.
Furthermore, the platform facilitates decentralized financing, allowing investors to fund electric vehicle adoption and receive verifiable carbon credits in return. This approach promotes the use of clean transportation, improves air quality, and ensures that the economic benefits of carbon trading reach local communities. By addressing both environmental and economic challenges, Net Tribe Carbon empowers marginalized populations and supports sustainable development in the region.