AI climate tech company ThanksCarbon announced that it was finally selected for the '2025 2nd Greenhouse Gas International Reduction Feasibility Study Support Project' hosted by KOTRA (Korea Trade-Investment Promotion Agency) together with Korea South-East Power.
Through this project, the two sides will investigate the feasibility of applying Alternate Wetting and Drying (AWD) technology to rice farming in the Battambang region of Cambodia to reduce methane emissions. AWD is a technology that intermittently dries out water in rice paddies, reducing methane emissions by up to 40% and water usage by approximately 28% compared to the continuous flooding method.
The survey area is up to 42,000 hectares in size, and it is expected to reduce greenhouse gases by approximately 378,000 tons (tCO₂-eq) per year. This is equivalent to the amount of carbon emitted by approximately 82,000 vehicles in a year.
ThanksCarbon is a company that has been developing AI-based carbon reduction technology specialized in the agricultural and climate sectors. It has developed its own AI solution, ‘Heimdall’, which integrates and analyzes satellite images, climate factors, and crop data. Through this, it provides a digital MRV (measurement, reporting, verification) system that can quantitatively verify carbon reduction effects.
The company has been building an automated reduction verification system that can secure higher transparency and efficiency than existing analog methods in the carbon emissions market by utilizing satellite data and AI technology. It is particularly attracting attention by introducing a data-based approach to nature-based reduction projects such as agriculture and forestry.
The company expects that this project will serve as an opportunity to expand its technology-based carbon reduction model throughout Asia, and as competition in the related market intensifies with the recent entry of major Japanese companies into the rice farming methane reduction sector, the company plans to strengthen its global competitiveness through preemptive technology acquisition and data-based models.
ThanksCarbon aims to establish itself as an executable partner in technology-centered international carbon reduction projects based on cooperation with various stakeholders including governments, financial institutions, companies, and farmers.
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