Carrot White Paper
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  • CARROT NETWORK
  • documentation
    • Introduction
      • Recycling Systems Are Broken
      • Earth Limitations
      • From Linear to Circular
      • What is Zero Waste?
      • Extended Producer Responsibility
      • Carbon Markets: From Problem to Solution
      • Greenwash & ESG
      • Solution
    • The Product
      • Carrot Network
        • Creating Value
        • dMRV
        • Creating a Market
        • Demand-Side Market
        • Atomic Network
        • Methodology Creators
        • Ownership
        • Summary Diagram
      • Recycling Supply Chain
        • Reaching the Source of Waste Creation
        • Participants
        • Validators & SOs
        • Local vs Long Hauling
      • MassIDs: Codifying Waste
        • Participant Categories and Wallets
        • MassID Composition
        • MassID Notation
        • MassID Creation
        • MassID Splits
        • Waste Validation & Audits
        • Proof-of-Authority
        • Proof-of-Work & Provenance
      • Recycling Tokens
        • Minting TRCs
        • TCC (Carbon Credits)
          • GasID Creation
          • GasID Notation
          • Minting TCCs
          • Calculating GasIDs
          • GasIDs from Composting
          • TCCs from Composting
        • Carrot Registry (EPR/ESG)
        • $CARROT Distribution Model
          • Waste Source Not Identified
        • Carbon Credit Tokens from Composting
      • Tokenomics
        • Supply and Demand
        • AMM & LPs
        • $CARROT Stablecoins/Fiat
        • Burn-As-A-Service
        • Lending & Forwards
        • Carrot Ecosystem Fees
        • Carrot Incentive Mechanism
        • Tokenomics Conclusion
      • Value Proposition
        • Network Integrators
        • Producers (Credit Buyers)
        • Recyclers, Haulers & Processors
        • Waste Generators
        • Bin Custodians
        • State and Federal
        • Municipalities
        • Fund Managers
        • NGOs & Donors
        • Partners
        • External Service Providers (ESPs)
      • Closing the Loop
        • Proof-of-Recycled-Content
        • Product Composition
        • Local Recyclability
      • Product Roadmap
        • Product Decentralization
        • Protocol Selection
    • Governance
      • Carrot DAO
        • $CARROT Token Governance
        • Carrot Improvement Proposal Process
        • Carrot DAO Maintenance and Processes
        • Carrot Retroactive Funding
      • Progressive Decentralization
        • Incentives for Participation
        • 3 Phases of Decentralization
      • Security
        • Community Values
        • Community Guidelines
        • Holder Reputational System
    • The Carrot Foundation
      • Mission
      • Goals
      • Vision
      • $CARROT Allocation
      • $CARROT Supply
      • Treasury Reserve
      • Wallet Onboarding
      • The Genesis Team
      • Community Fund
      • Launch Strategy
      • NFT Auctions w/ Options
      • Stewards & Board
      • Advisors
      • Founders
    • Conclusion
      • Acknowledgements
    • Appendix
      • Formula comparison Between TRCs And TCCs
      • Formula for Project and Leakage Emissions From Composting
      • Formula For Baseline Emissions of CO2
      • CWIP Process (Extended)
      • Generating Reputational Metrics
      • Applying Reputational Metrics
      • Holder Reputational System Token Implementation
  • Carrot Methodologies
    • Glossary
    • Rewards Distribution Policy
    • BOLD Recycling Credit
    • BOLD Carbon (CH4)
  • More
    • Terms & Conditions
      • T&C of Use
      • T&C for Sales and Purchases of TRCs and TCCs
    • Download White Paper
  • Connect With Us
    • Website
    • Discord
    • E-mail Carrot Team
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  • A recycling credit designed to unlock and accelerate the transition to a resource-efficient, low-carbon, and inclusive circular economy
  • OVERVIEW
  1. Carrot Methodologies

BOLD Recycling Credit

(Breakthrough in Organics Landfill Diversion) v1.0

PreviousRewards Distribution PolicyNextBOLD Carbon (CH4)

Last updated 9 months ago

A recycling credit designed to unlock and accelerate the transition to a resource-efficient, low-carbon, and inclusive circular economy

Methodology: certification of organic waste diversion from landfills to aerobic composting facilities for biological treatment and distribution of rewards to supply chain contributors


We welcome your comments & feedback:

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OVERVIEW

According to the World Bank, the world recycles less than 18% of the waste it produces, and total waste production will grow by 70% by 2050. The negative consequences of poor recycling rates are significant to our global economy, to society at large, and to our planet’s sustainability. Yet, the world could reuse and recycle more than 90% of the materials and products it consumes, which would result in reducing pollution in our environment, preserving vital natural resources for future generations to use, and significantly eliminating greenhouse gas emissions associated with needless raw material extraction, hauling, and processing activities. In fact, it is estimated that 85% of the greenhouse gas (GHG) emissions reduction needed to stay below the 2º C limit from pre-industrial revolution levels could be met if we simply double our current circularity rate, making the transition to a circular economy one of the most effective climate change mitigation strategies available today, if not the most important one.

Transitioning to a low-carbon, circular economy requires understanding the composition of global waste and the path required to achieve high-performance resource recovery for transformation and reuse. The journey begins with sorting organic waste (e.g., food waste, green waste, and sludge) from other recyclable waste streams and directing it towards biological treatment, such as at anaerobic digestion plants or aerobic composting facilities, the subject of this methodology. Organic waste represents approximately 50% of global waste and is 100% recyclable, yet municipalities around the world are not capable of addressing the organic waste challenge due to the high cost and complexity of its sorting, hauling, and treatment. Unfortunately, almost all of the organic waste we produce today ends up in a landfill or a dump where it decomposes anaerobically (without oxygen), generating approximately 11% of global methane emissions and between 3.2% and 5% of global GHG emissions. (It should be noted that methane is a potent greenhouse gas, and avoiding methane emissions is considered one of the most cost-effective solutions to rapidly reduce GHG emissions in our atmosphere.)

When organic waste is sorted from other recyclable materials (e.g., metals, glass, paper, cardboard, plastic, electronics, etc.), the recovery and recyclability rates of these valuable resources improve significantly, often by many factors, while also reducing GHG emissions associated with no longer needing to extract, transport, and process their replacements. (For a nice visual representation of the importance of organic waste sorting, see the Ellen MacArthur Foundation’s , which also served as inspiration for the BOLD logo.)

In a circular economy, waste is avoided, resources are preserved, and carbon emissions are reduced dramatically. When analyzed from a system approach rather than direct sector emissions (as presented above), the circular economy can reduce ~45% of total global emissions.

The transition to a low-carbon, circular economy requires a new approach to encouraging people and businesses to sort organic waste and to participate in sending this valuable resource along its dedicated logistical route for biological treatment, such as at an aerobic composting facility. The BOLD (Breakthrough in Organics Landfill Diversion) Recycling Credit, or simply “BOLD”, described in this methodology aims to accomplish this by properly verifying organic waste that reaches a professional composting facility, identifying the participants along the supply chain who contributed to sorting, hauling, and treating the waste, measuring the environmental gain to society (e.g., reducing waste, avoiding carbon emissions among, etc.), as well as rewarding the participants financially for their contributions, thus encouraging other businesses and individuals to do the same. Businesses wishing to meet ESG goals such as net zero carbon and waste reduction, whether mandatory (such as ) or not, can purchase BOLD credits to corroborate their investment in material recovery and pollution reduction strategies that help to eliminate negative externalities.

We view BOLD as an innovative system change solution to effectively jump-start the transition from an inefficient and wasteful linear economy to a resource-efficient, low-carbon, and inclusive circular economy. BOLD will not only educate and change behavior but also unite the world on the common cause of living sustainably on this planet.

View and download the methodology as a PDF:

standards@carrot.eco
here
Download PDF
butterfly diagram
Extended Producer Responsibility
Page cover image