Carbon asset manager Econetix and Vietnamese developer EcoNations have announced a joint project in Khánh Hòa Province, Vietnam, designed to combine dedicated bamboo cultivation with continuous pyrolysis infrastructure. The project integrates a 240-hectare bamboo plantation with a 40-tonne-per-day biochar manufacturing facility. Operating under a 20-year crediting period spanning from 2028 to 2048, the facility targets an annual production of 12,000 metric tonnes of biochar. This output is projected to generate approximately 30,000 Puro.earth Carbon Removal Certificates (CORCs) per year once full operational capacity is reached in 2029.

The main challenge confronting large-scale biochar developments is early-stage feedstock availability and long-term cost volatility while purpose-grown energy crops mature. Dedicated plantations like bamboo require several years to reach initial harvest viability, leaving projects vulnerable to supply interruptions or high operational expenses during their initial years. Furthermore, scaling engineered carbon dioxide removal (CDR) in emerging Asian carbon markets requires stringent monitoring frameworks to verify permanence, prevent double-counting, and maintain high-integrity carbon credit accounting acceptable to international voluntary standards.

To mitigate feedstock risk, the partners established a two-phased sourcing framework. For the initial four years of operation, the facility will utilize Forest Stewardship Council (FSC)-certified acacia and eucalyptus biomass sourced from existing accredited suppliers within a 50-kilometer radius. Beginning in Year 5, operations will transition to harvested crop from the local bamboo plantation, expected to achieve 74% feedstock self-sufficiency by Year 6 and reduce annual sourcing costs from $3.8 million to $1.5 million. To address monitoring requirements, the operation deploys Econetix’s digital Measurement, Reporting, and Verification (dMRV) platform, which automates data collection from biomass sourcing through GPS-tagged end-use soil application.

Over its 20-year lifetime, the integrated initiative is projected to remove a cumulative 600,000 tonnes of carbon dioxide equivalent. Financially, the project leverages a dual revenue model combining international CORC credit sales with local agricultural biochar distribution. Additional local benefits include the creation of 28 direct facility jobs, supplementary employment in harvesting operations, and improved soil water retention for regional agricultural land.


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