Terms of Service

Introduction

This Terms of Service ("Agreement") governs the relationship between Decarb.earth ("we," "our," or "us") and you ("Client" or "you") regarding the use of our platform and services to generate and manage carbon credits from renewable energy systems.

By using our services, you agree to these terms. Please read them carefully.

Services Provided

We provide a platform where you can:

• Upload renewable energy projects.
• Automatically generate carbon credits based on your project's data.
• Access quarterly reports detailing carbon credit generation.
• Monetize, hold, or retire carbon credits.

Project Upload and Management

You may upload renewable energy projects at any time. Once uploaded, the following conditions apply:

• Minimum Commitment: Projects must remain active for at least one quarter (3 months) before they can be removed.
• Project Removal: You may remove projects after one quarter, but we require a 30-day notice prior to removal. Additional fees apply for removing projects early (see Section 6 for details).
• Additional Projects: You are free to add new projects at any time, and they will automatically be included in the next quarterly carbon credit calculation.

Fees

Our standard fee is 15% of the carbon credits generated by your projects. This fee will be automatically deducted before credits are distributed to you.

Monetization of Carbon Credits

You can choose to monetize your carbon credits through our platform:

• Selling Credits: We facilitate sales on voluntary carbon markets. A 3% transaction fee, imposed by the exchange, will be deducted from the sale price.
• Holding Credits: You may choose to hold your credits in our system, without any fees.
• Retiring Credits: You may retire your credits at no cost, permanently removing them from circulation.

Project Removal and Early Termination Fees

While clients may remove projects at any time after the first quarter, the following removal fees apply to ensure the stability of the platform:

• Project Removal Within 1 Year: If a project is removed within one year of registration, an additional 1% of the total carbon credits generated by the project will be charged.
• Project Removal Within 6 Months: If a project is removed within six months of registration, an additional 2% fee based on the total carbon credits generated will be charged.

These removal fees are intended to discourage premature project termination and ensure our platform's long-term sustainability.

Term of Agency

If you are managing a project on behalf of the legal owner (the "Project Owner"), you are required to submit proof of permission (mandate) from the Project Owner. This document must clearly state the rights you hold over the carbon credits generated by the project.

• Mandate Requirement: Failure to provide this mandate will result in the removal of the project from our platform, and you will relinquish all rights to any credits generated.
• Owner's Rights: We will not distribute any carbon credits to agents without a valid mandate from the Project Owner.

Payment Terms

Payments for monetized carbon credits will be made within 30 days of receiving funds from carbon credit buyers. You are responsible for providing accurate payment information. We are not liable for delays caused by incorrect details.

Term and Termination

Term: This Agreement is effective from the date you register on our platform and remains in force until terminated.
Termination: Either party may terminate the Agreement with 30 days' written notice. You may continue to manage existing projects until the next quarter's carbon credit generation is complete.

Liability

We do not guarantee the number of carbon credits generated, their market value, or the timing of sales. We are not liable for losses incurred due to market fluctuations, verification delays, or data inaccuracies.

Confidentiality and Data Protection

All information exchanged between you and us is confidential. We adhere to data protection laws and will not share your data with third parties without consent, except as required by law.

Amendments

We may amend these terms from time to time. Changes will be communicated to you in advance, and continued use of the platform will constitute acceptance of any revised terms.

Last updated 6 November 2024