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EKI Energy Services Ltd., a trailblazer in sustainable energy and carbon credits, has announced a groundbreaking collaboration with FARI Solutions, a leader in blockchain R&D operating across North America, Europe, and Eurasia, including Azerbaijan. This Memorandum of Understanding (MoU) marks a significant milestone in EKI’s mission to lead carbon credit initiatives and boost sustainable development in the region.

EKI Takes Charge of Carbon Credit Lifecycle

Under this agreement, EKI will act as the strategic partner of FARI Solutions, managing all aspects of carbon credit processes. It will include conceptualizing, documenting, verifying, issuing, and trading. This strategic alliance aims to enhance the competitiveness of both companies while fostering business growth in Azerbaijan.

The press release states that,

“The MoU delineates the areas, institutional arrangements, and general conditions governing the cooperation between EKI Energy Services Ltd. and FARI Solutions. It serves as a comprehensive framework that embodies the mutual commitment towards achieving shared objectives in sustainable energy and environmental stewardship.”

Some other significant attributes of this partnership are defined below:

1. Exclusivity and Innovation in Azerbaijan

The MoU grants FARI Solutions exclusive rights to activities within Azerbaijan, reinforcing EKI’s commitment to impactful strategic collaborations.

Shafiq Amiri, Chief Operating Officer of FARI Solutions, highlighted the innovative potential:

“Our partnership with EKI’s renowned energy solutions expertise promises groundbreaking advancements in tokenizing the carbon credit landscape. Together, we will lead the charge towards a greener future for Azerbaijan and global carbon markets.”

2. Positioned for Global Impact at COP29

This MoU coincides with the upcoming COP29 climate conference in Baku, Azerbaijan, positioning EKI and FARI Solutions to showcase innovative carbon credit management solutions. As Azerbaijan takes the global stage for climate discussions, this collaboration is a model for other nations transitioning to greener futures.

This partnership can inspire significant progress globally by boosting carbon credit initiatives and sustainable practices in Azerbaijan. Thereby contributing to the goals of COP29.

3. Leadership Statements: Driving Sustainable Change

Manish Dabkara, Chairman and Managing Director of EKI Energy Services Ltd., expressed his enthusiasm,

“We are thrilled to embark on this journey with FARI Solutions, leveraging our combined expertise to advance sustainable energy initiatives in Azerbaijan. This partnership highlights our dedication to driving meaningful environmental change globally.”

Siddhant Gupta, Vice President of Business Development at EKI Energy Services Ltd., echoed this sentiment:

“Partnering with FARI Solutions is a strategic move that aligns with our mission to pioneer sustainable solutions worldwide. Together, we are set to catalyze transformative change in Azerbaijan’s carbon credit sector, setting a new standard for sustainability in the region.”

EKI Energy’s Global Impact: Pioneering Carbon Offsets and Blockchain Innovations

Founded in 2008, EKI Energy Services Ltd. is a global leader in carbon credit development and supply. As the first company to list a Plastic Project from India with Verra, EKI is committed to achieving net-zero carbon emissions by 2030.

Listed in the Bombay Stock Exchange (BSE), it offers a range of sustainable solutions for climate change and carbon offsets, adhering to global standards.

With operations in over 16 countries and a customer base spanning more than 40 countries, EKI has supplied over 200 million offsets.

Some other remarkable achievements include: 

  • They successfully listed the first Plastic Project from India with Verra, maintaining compliance with international standards such as CDM, VCS, and Gold Standard.
  • The company conducted comprehensive sustainability audits for over 3,500 clients, assisting businesses in mitigating their carbon footprints.
  • It has formed strategic partnerships to advance blockchain-based carbon credit solutions and launched initiatives to achieve carbon neutrality and climate positivity. 

EKI energysource: EKI

FARI Solutions: Leading the Path Towards Net-Zero Emissions

FARI Solutions, a diverse team of professionals spanning North America, Europe, and Asia, specializes in blockchain investments and drives innovation across industries. The company aims to:

  • Develop and implement innovative technologies for carbon tracking and trading.
  • Enhance transparency and efficiency in carbon credit markets.
  • Bring digital transformation initiatives in finance, supply chain, healthcare, and government sectors.
  • Create scalable solutions that contribute significantly to global carbon reduction targets.
  • Partner with industry leaders and engage in cutting-edge research.

Their commitment to net zero goals propels their efforts to lead in environmental stewardship. It sets new standards for digital transformation in the carbon credit sector.

EKI Energy Hails U.S. Support for VCMs, Praises India’s Bold Actions

According to their latest press report, the company has applauded the Biden-Harris Administration’s new principles for high-integrity voluntary carbon markets. This announcement, supported by a Joint Statement of Policy, marks a significant step towards credible and ambitious climate action.

The endorsed principles highlight the U.S. government’s commitment to responsible participation in VCMs. These principles set clear incentives and safeguards to ensure carbon markets drive substantial climate action and economic growth.

Notably, EKI Energy has also praised the Indian government’s proactive measures to combat climate change. In June 2022, it enacted the Energy Conservation (Amendment) Act, empowering regulators to develop policies for a national emission trading system. In 2023, India launched the Carbon Credit Trading Scheme (CCTS), covering compliance and voluntary sectors. It included the offset market, allowing non-obligated entities to participate and create new opportunities for decarbonization projects. While the specifics for Voluntary Carbon Market (VCM) credits are still being defined, India’s progress is commendable.

The post How EKI Energy-FARI Solutions Partnership will Revolutionize Carbon Credits in Azerbaijan appeared first on Carbon Credits.

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Carbon Footprint

The Strategic Case for Nature-Based Carbon Investments

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Nature-based carbon investments deserve consideration when they address a specific business dependency and produce outcomes you can measure. Imagine Moonbucks, a global coffee roaster planning next season’s espresso blend. It is considering natural Grade 4 coffee from Jimma, in southwestern Oromia, Ethiopia. Its sourcing decisions affect the roasting schedule and the cash tied up in coffee purchases. Moonbucks needs to understand which measures could protect that supply, what they would cost and how it would judge the results.

1. Define the sourcing problem before choosing a project

Moonbucks needs a dependable component for its espresso blend. Its procurement team wants continuity of volume and an agreed cup profile. Replacing a shipment at short notice could require new sample approval and changes to the blend, and given the schedules for cultivation, processing, and freight delivery, is practically impossible. Moonbucks needs to get this right, and its initial concern is inconsistent deliveries. It commissions an assessment of the supplying farms and post-harvest chain. The questions cover land condition, harvest availability and whether drying or storage problems are affecting saleable lots.

This distinction changes the investment brief. A tree-planting proposal cannot be assumed to fix drying problems. Better storage cannot restore eroded land. The team must establish which problem exists before selecting the response.

CCC’s guide to finding nature-based solutions in your supply chain explains where to look. Here, the next task is to turn a broad concern into a testable proposal.

2. Develop nature-based carbon investments around the actual supply chain

The assessment would trace Moonbucks’ purchases back through the exporter and supplying producer groups. Which farms supply the contracted lots? Who controls land-management decisions? How long does the buyer expect to maintain the purchasing relationship?

Furthermore, Jimma natural Grade 4 cannot be treated as interchangeable with every Ethiopian coffee. Moonbucks would need to test any substitute against its own blend and quality requirements.

Suppose Moonbucks’ assessment identifies an opportunity to maintain shade trees and restore vegetation along exposed streambanks. The IPCC describes agroforestry as a way to store carbon in vegetation and soil, with potential benefits for erosion control and water quality.1 Moonbucks would need local advice on species, growing conditions and maintenance before deciding how these measures fit its sourcing plan.

The proposal now has a defined sourcing connection and a candidate intervention. The next steps are to test its effect on production, assess carbon eligibility and build the financial case.

3. Compare the proposal with other ways to protect supply

WBCSD’s Nature-based Solutions Blueprint recommends comparing nature-based options with other responses across their benefits and costs.2 For Moonbucks, that means evaluating the landscape proposal alongside drying improvements, storage controls and alternative sourcing arrangements.

The product’s natural-process designation matters. Moonbucks should examine the drying and dry-milling chain alongside land conditions. Its team would check storage practices, contamination risks and incoming-lot quality to see whether problems arise before or after the coffee leaves the farms.

The revised proposal might combine land stewardship with separate post-harvest controls. Each component needs its own purpose and budget. A sustainability label should not obscure which activity is expected to solve which problem.

The project develops as the evidence improves. Its scope should follow the diagnosis rather than preserve the first idea unchanged.

4. Establish what the carbon outcome could count toward

Moonbucks’ sustainability team now tests the proposed carbon case separately from the sourcing case. Is the objective a measurable change in Moonbucks’ value-chain emissions, verified credits for separate voluntary use, or distinct outcomes under carefully defined arrangements?

Scope 3 covers value-chain emissions. A purchasing relationship alone does not prove that a farm intervention can be included in Moonbucks’ inventory. The team needs an applicable accounting method, defensible boundaries and evidence supporting attribution.

SBTi’s FLAG Guidance (forest, land and agriculture), version 1.2, says purchased credits used as offsets cannot meet near-term FLAG or energy and industry targets. Eligible land-based removals are subject to accounting requirements.3 Moonbucks needs to test its proposal against those rules before including an outcome in its targets.

For Moonbucks’ Jimma proposal, maintaining existing trees and establishing new vegetation could involve different carbon questions. Specialists must examine the baseline and additionality, meaning what changes because the project proceeds. They must also assess measurement and the risk that stored carbon is lost. CCC’s MRV and additionality article introduces those tests.

Until that work is complete, Moonbucks should not budget an assumed Scope 3 reduction or credit-sale receipt. Direct emissions reductions remain the priority.

5. Build a financial case that survives weaker assumptions

Moonbucks’ finance team would now build a multi-year budget. UNEP’s State of Finance for Nature 2023 compares current finance with the investment needed to meet climate, biodiversity and land-restoration goals.4 The company would cost its proposed activities, farmer participation and ongoing monitoring. Verification, where required, is a separate expense. Maintenance and responsibility for replacing failed plantings must remain visible after the initial establishment budget ends.

Operational benefits need equally careful treatment. If fewer rejected lots reduce emergency purchasing, count that saving once. Do not add “supply resilience” as another financial benefit when it represents the same avoided cost.

Moonbucks should compare a base case with slower benefits, higher implementation costs and no carbon revenue. It should also distinguish production outcomes from quality and shipment outcomes. A single good harvest would not prove that the landscape intervention caused better delivery performance.

A project can remain worth funding even when its carbon case needs more work. That decision must rest on the operational evidence and the company’s objectives, without unsupported environmental claims.

6. Fund a pilot with a clear expansion decision

Moonbucks’ first approval would fund a bounded pilot, rather than commit the entire sourcing program. Before spending, Moonbucks would agree on participating farms, responsibilities and the evidence needed at review.

Its scorecard could track farmer participation, implementation costs and plant survival, alongside accepted coffee volumes and lot-quality results. Carbon measurements would follow the selected method. Farm-level traceability must connect the intervention to the actual sourcing relationship.

Suppose Moonbucks’ review later finds that storage changes explain most quality improvements, while the land measures need longer observation. Those findings would shape the next decision: expand the proven component, adjust the landscape work or pause further spending. They would not justify crediting all improvements to tree planting.

This gives nature-based carbon investments a practical place in a multi-year strategy. Funding increases as the evidence supports it, and the project can change direction before a larger commitment.

Discuss a sourcing opportunity with CCC

Carbon Credit Capital’s nature-based supply-chain investment service uses its Dual-Value Model to examine supply-chain economics alongside potential sustainability outcomes.

Schedule a consultation to discuss your sourcing exposure and the questions to resolve before allocating capital.

Sources

  1. Intergovernmental Panel on Climate Change (IPCC), Climate Change 2022: Mitigation of Climate Change, Chapter 7, Agriculture, Forestry and Other Land Uses, section 7.4.3.3 (Agroforestry).
  2. World Business Council for Sustainable Development (WBCSD), Nature-based Solutions Blueprint, 5 June 2024.
  3. Science Based Targets initiative (SBTi), Forest, Land and Agriculture Science-Based Target-Setting Guidance, version 1.2, March 2026, section 3.1.4, pp. 37–38.
  4. United Nations Environment Programme (UNEP), State of Finance for Nature 2023, 2023.
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Carbon Footprint

How to buy plastic credits, and what to check before you do

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A plastic credit funds the collection of plastic waste in places where no formal system exists to collect it. Each credit represents a measured, independently audited quantity of plastic taken out of the environment or returned to use, tracked on a public registry.

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Carbon Footprint

EU carbon credit claims after 27 September 2026

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EU carbon credit claims changed on 27 September 2026, the day the Directive (EU) 2024/825 began to apply across the European Union. The change is narrow. It changes how a company can talk about the credits it buys. A product can no longer be called neutral on the strength of compensation alone; however, every specific, evidenced statement about what a company measured, reduced, and funded stays fully available.

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