Evercity

Market position

Evercity describes itself as an award-winning platform in green debt and carbon origination and states its team carried out the first issuance of carbon credits on a blockchain. It was one of ten finalists in the sixth edition of the Monetary Authority of Singapore's Global FinTech Hackcelerator, and has been referenced by figures at the UNFCCC Global Innovation Hub, the African Development Bank Group, EDF and Global Carbon Fund.

Combination of public-blockchain verification with physical monitoring data from IoT, satellites and drones to link debt instrument terms and reporting to measured impact; an open-source sustainable finance protocol; end-to-end coverage from taxonomy screening and document generation through issuance to monitoring and reporting; and carbon forward contracts providing upfront financing for carbon projects.

Technology

The platform combines public blockchain records with physical monitoring inputs from IoT sensors, satellites and drones. Blockchain is used for verification of framework documents, issuance of traceable digital assets (bonds, loans, carbon credits, forwards) and immutable impact reporting, with bond-related data and documents cryptographically encrypted and stored depersonalised on-chain. Additional components include taxonomy screening and analytics, automated document generation, an interactive ESG map, a holistic impact indicator database, climate risk assessment, and integration with dMRV providers. Reporting is aligned to standards such as IRIS, ICMA's Green Bond Principles and Gold Standard. The underlying sustainable finance protocol is open source.

Go-to-market

Inbound demo requests and free consultations via the website, partnerships sought with banks in ASEAN to arrange blockchain-based green and sustainability-linked bond issuance, participation in accelerator and standards-body programmes, and a marketplace connecting carbon project owners and developers with buyers.

Institutional investors (banks, funds, corporate investors), SMEs seeking investment, banks arranging digital sustainable finance issuances or acting as custodians, auditors verifying green frameworks, and carbon project owners, carbon project developers and carbon credit buyers and traders.

Geography

Registered as Evercity UG (haftungsbeschränkt) at Neumannstraße 135, 13189 Berlin, Germany. The Techstars listing records locations in Singapore, Berlin and Moscow. The distributed team and advisors are based in the UAE, Thailand, the United States, Turkey, Cameroon, Armenia, Canada, Australia, Switzerland, Georgia and Austria. Taxonomy screening is offered for the EU and other regions, with activity in the ASEAN carbon and green finance markets and carbon project work in Africa.

History

The company states it was established in 2022 in Berlin and was officially launched at COP26 in Glasgow within the UN Global Climate Change Innovation Hub in November 2021. In November 2021 it graduated from the Monetary Authority of Singapore's Global FinTech Hackcelerator as one of ten finalists, scoring above 60% at Demo Day, which made it eligible for a fast-tracked application for a grant under the MAS Financial Sector Technology and Innovation Proof-of-Concept Scheme, with Munich Re as its corporate champion. The Techstars job board lists a founding year of 2018 and locations in Singapore, Berlin and Moscow. The website footer identifies the legal entity as Evercity UG (haftungsbeschränkt) in Berlin.

Risks & controversies

Secondary trading is not integrated into the platform. Public information on financing and commercial scale is limited, and the company's own materials give inconsistent founding details (2022 in Berlin per the company's about page, 2018 per the Techstars listing).