Company Performance Metrics
- Jamie Lee: CMO
- Paul Yoo: President and Architect
Amet Actio Technology Ltd, which has registered in Delaware USA, is conducting various renewable energy development projects in fields such as biomass, solar, wind, hydro and geothermal in accordance with greenhouse gas reduction programs of UNFCCC (United Nations Framework Convention on Climate Change) which are Sustainable Development Mechanism
(SDM) and Renewable Energy 100% (RE100) to prevent global warming.
AAT also develops an integrated Certified Emission Reductions (CERs) trading platform where the CERs are minted and converted to eCERs (electronic CERs) through Artificial Intelligence (AI) of Measurable, Reportable, Verifiable (MRV) system based on Distributed Ledger Technology (DLT).
Carbon market had restrictions in generating and trading CERs between countries and continents because of the Kyoto Protocol in 2005 but Conference of Parties (COP) held in Paris launched the New Climate Regime (Paris Agreement) in 2015. In response, AAT platform made a fundamental approach to address issues of environmental soundness, transparency, accuracy, completeness, comparability, accessibility and prevent double counting, which are important agendas of Article 6 of Paris Agreement. This solution will encourage more people to actively participate in the carbon market to reduce greenhouse gas.
To this stand, as the first step, AAT is developing an incineration power generation project in Lombok, Indonesia from July 2022. The CER generated through this project will be converted to eCER and then traded as Offset on the AAT platform. This will be a direct solution for ESG management, carbon neutrality, and greenhouse gas reduction, which the international community is deeply concerned about.