What DGB GROUP does

DGB Group N.V., now operating as Green Earth (Euronext Amsterdam: EARTH), is a Netherlands-domiciled publicly listed nature-based project developer founded in 2016. The company develops, finances, and manages third-party-certified carbon, biodiversity, and plastic credit projects — primarily large-scale reforestation, agroforestry, and efficient cookstove initiatives — across Africa (Uganda, Kenya, Cameroon, Nigeria, Malawi, Côte d'Ivoire, Ghana, DRC) and Central Asia (Kazakhstan). Reported impact metrics include 59M+ trees planted toward a 1B-tree target, 135,800+ hectares under restoration, 476,000 efficient cookstoves distributed, and 16.3M+ tonnes of expected CO2 sequestration. The portfolio is certified under Verra and Gold Standard, and the company operates a small (51–100 employees) distributed organization spanning more than 20 countries with offices in the Netherlands, Kenya, Uganda, and Cameroon.

The company sells Verra- and Gold Standard-certified carbon, biodiversity, and plastic credits to enterprises and governments through spot and forward contracts, distributes green bonds yielding up to 8% per annum to individual and institutional investors, and provides CSRD reporting and sustainability consulting services. In October 2025 DGB launched an asset management division targeting €100 million of mobilized capital for nature-based investments, marking a shift from pure project developer toward a hybrid project-developer/asset-manager model. Core technology includes satellite and remote sensing monitoring of natural regeneration (capabilities inherited from the April 2021 acquisition of Statix Artificial Intelligence BV), an online carbon and environmental footprint calculator, and a €1M strategic acquisition completed in 2025 to accelerate capital mobilization.

The go-to-market combines direct enterprise sales for carbon credit offtake agreements, self-service credit and green bond purchases through the green.earth website, distribution via financial institutions and dedicated green bond funds, and government/NGO partnerships for large-scale restoration concessions. The customer base spans corporate enterprises pursuing net-zero and CSRD compliance, institutional and individual ESG investors, governments and conservation NGOs, and landowners/farmers participating in agroforestry projects. The company rebranded from DGB Group to Green Earth in September 2025 alongside its full Euronext Amsterdam listing under the EARTH ticker, and has historically funded growth through a mix of Green Impact Bonds (€4.5M Oct 2021, €2M Jun 2022), convertible notes (€0.75M Mar 2022), and private placements (€6M May 2021; Mar 2025 of undisclosed size).

Name

DGB GROUP

Legal name

Green Earth Group N.V.

Website

https://green.earth

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

DGB Group, now Green Earth (Euronext Amsterdam: EARTH), is a Dutch publicly listed nature-based project developer that creates Verra- and Gold Standard-certified carbon, biodiversity, and plastic credits across Africa and Central Asia, serving enterprises, investors, and governments through credit sales, green bonds, and a new asset management division.

Ownership category

akta.pro rank

Product category

Carbon Credit Project Development

NAICS

Support Activities for Forestry (1153), Environmental Consulting Services (541620)

SIC

Forestry (800)

akta.pro primary industry

Carbon Forestry Project Development & Origination (Afforestation/Reforestation/IFM) (IMAMAJAD)

akta.pro secondary industries

Agroforestry & Perennial Cropping Systems (EUABABAD), Renewable Energy & Energy Efficiency Offset Projects (Grid/Off-grid, Cookstoves, Buildings/Industry) (EUABABAN)

Keywords

• Carbon credit development
• Nature-based solutions
• Biodiversity conservation projects
• Green bond investments
• Sustainability consulting services

Headquarters

HQ city

Lelystad

HQ country

Netherlands

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Carbon Credit Sales: Sale of verified carbon credits (VCUs) from nature-based projects including reforestation, agroforestry, and cookstove initiatives. Credits sold through spot (immediate delivery) and forward (future delivery) contracts.
2. Green Bonds: Issuance of green bonds offering up to 8% ROI per annum to fund nature restoration projects. Bonds provide sustainable investment opportunities for individuals and institutions.
3. Asset Management Division: Asset management division launched to mobilize €100 million for nature-based investments
4. Sustainability Services: Carbon footprint calculation, environmental footprint analysis, CSRD reporting, and sustainability consulting services for businesses

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Green Earth (formerly DGB Group) develops large-scale nature-based carbon and biodiversity projects across Africa and Central Asia (reforestation, agroforestry, cookstoves) and monetizes them by issuing Verra- and Gold Standard-certified carbon, biodiversity, and plastic credits available via spot and forward contracts. The company layers digital tools (carbon footprint and environmental footprint calculators, CSRD reporting service) and financial products (green bonds up to 8% ROI, impact investments, asset management division targeting €100 million) on top of its project portfolio.

Product overview

Green Earth (formerly DGB Group) operates as an end-to-end nature-based project developer offering a comprehensive portfolio of environmental products and services. The core offering includes Verra- and Gold Standard-certified carbon units (carbon credits, biodiversity credits, plastic credits) available through spot and forward contracts. Supporting digital products include an online carbon footprint calculator and environmental footprint tool for measuring and reporting on sustainability metrics. The company also provides CSRD reporting services for regulatory compliance. Financial products include green bonds (offering up to 8% ROI) and impact investments. The project portfolio encompasses large-scale reforestation, agroforestry, and cookstove distribution projects across Africa (Uganda, Kenya, Cameroon, Nigeria, Malawi, Ghana) and Central Asia (Kazakhstan), with a target to plant 1 billion trees.

Differentiator

Problem solved

Functional benefit

Products and services

• Carbon Credits Verified, high-quality carbon units certified under Verra and Gold Standard, offered through both spot (immediate delivery) and forward (pre-purchase) contracts. Sold to corporate enterprises and individual buyers for carbon offsetting and net-zero achievement.
• Biodiversity Credits Credits generated from biodiversity conservation projects that protect and enhance species habitat and ecosystem diversity. Sold to businesses seeking credible biodiversity impact alongside climate action.
• Plastic Credits Credits from plastic removal and recycling initiatives that enable businesses to offset their plastic footprint and report on plastic-related environmental impact.
• Carbon Footprint Calculator Online tool enabling businesses and individuals to measure and calculate their carbon footprint. Supports sustainability reporting and pairs with credit purchase on the green.earth website.
• Environmental Footprint Tool Comprehensive tool for measuring environmental footprint beyond carbon, supporting broader sustainability assessments for businesses and individuals.
• CSRD Reporting Service Advisory and reporting service supporting European businesses with Corporate Sustainability Reporting Directive (CSRD) compliance, including sustainability metrics and environmental footprint disclosure.
• Green Bonds Sustainable investment instruments offering up to 8% ROI per annum, funding nature restoration projects. Available to individuals and institutions through the company website and partner distribution.
• Impact Investments Sustainable investment products offering financial returns alongside positive environmental and social impact, including impact loans tied to nature-based project funding.
• Asset Management Division Asset management division targeting €100 million for nature-based investments, offering institutional and accredited investors managed exposure to the company's nature-based project portfolio.
• Bulindi Agroforestry and Chimpanzee Conservation Project Afforestation project in Western Uganda protecting chimpanzee habitat while supporting local village households through agroforestry. Generates carbon credits and supports biodiversity outcomes.
• Hongera Reforestation Project Reforestation project in Kenya restoring previously forested areas affected by logging, agriculture, and firewood collection. Generates verified carbon credits.
• Greenzone Reforestation Project Large-scale nature-based solutions project in Cameroon focused on restoring ecosystems, creating forests, and promoting sustainable local development.
• Lake Aral Afforestation Project Afforestation project in Kazakhstan involving planting of saxaul trees to restore the Aral Sea region ecosystem. Generates carbon credits and ecological restoration.
• Sauki Cookstove Project Efficient cookstove project in Nigeria providing cleaner cooking solutions to communities, reducing deforestation, improving health outcomes, and generating verified carbon credits.

Quantifiable outcome

• Nature-based solutions can provide 37% of CO2 mitigation needed to meet Paris Agreement targets by 2030
• +1 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core, supporting and strategic.

• EmstreamcoreStrategic or Co-development PartnerPartnership to boost large offtake agreements for carbon credit pipeline, enhancing sales distribution
• StenVisupportingTechnology or IntegrationCooperation agreement to stimulate further growth of CO2 calculator and carbon management platform
• The Diar GroupstrategicStrategic or Co-development PartnerJoint venture to build a greener future in the Middle East and Africa, expanding geographic presence
• Corekees Management B.V.supportingStrategic or Co-development PartnerStrategic 50% stake in Corekees to drive reforestation and carbon offsetting efforts through retail platform
• Republic of Côte d'IvoirestrategicStrategic or Co-development PartnerGovernment partnership for large-scale forest restoration projects in Ivory Coast
• Leading Car ManufacturercoreGTM or Marketing PartnerAgreement for chimpanzee habitat restoration project, providing corporate carbon offset partnership
• All Girls - Kanoria CollegesupportingStrategic or Co-development PartnerResearch agreement supporting academic research in carbon and sustainability fields

Scale indicators8 records

Recent moves11 records

Expansion highlights8 records

Emerging players

• Cloverly: Carbon credits API for e-commerce and travel platforms, with growing emphasis on nature-based and biodiversity credits. Overlaps with DGB's digital/enterprise channels and its expansion into biodiversity and plastic credits.
• Sylvera: Independent ratings and analytics provider for voluntary carbon credits using satellite data and independent assessment. Adjacent to DGB's own satellite-based MRV stack and increasingly important to enterprise buyers evaluating DGB's portfolio quality.

Direct peers

• Patch: Carbon credit API and marketplace (formerly Klima) enabling businesses and developers to purchase and retire verified credits at scale. Comparable to DGB's direct-to-consumer and enterprise channels for certified credits, especially for removal-oriented projects.
• South Pole: Swiss-headquartered end-to-end carbon project developer and consultancy sourcing nature-based credits globally for enterprises and investors. Highly comparable to DGB across project origination, consulting, and corporate offtake, while operating at a meaningfully larger scale.
• Pachama: Carbon credit marketplace that combines remote sensing/MRV with nature-based project sourcing for enterprise buyers. Overlaps with DGB in the use of satellite-based verification and in supplying high-integrity nature-based credits to corporate net-zero buyers.
• TerraCarbon: US-based nature-based carbon consultancy focused on afforestation, IFM, and agroforestry project development with associated credit origination. Closely matches DGB's project development model and Verra/Gold Standard certification footprint.
• Wildlife Works: Kenya-based developer of REDD+ and nature-based carbon projects across Africa and Asia, generating Verra-certified credits with community co-benefits. Directly comparable to DGB's Bulindi, Hongera, and Greenzone projects in both project type and geography.

Others

• Eden Reforestation Projects: Large-scale reforestation NGO operating projects across Africa, Asia, and Latin America with employment-based restoration models. Overlaps with DGB's reforestation footprint and field presence in countries such as Madagascar, Haiti, and Indonesia, but operates as a nonprofit rather than a credit developer.
• Verra: Operator of the VCS Program and the leading voluntary carbon standard registry. Not a competitor but the central infrastructure on which the majority of DGB's certified carbon credits are issued, making Verra's methodology decisions a direct determinant of DGB project economics.

Broad incumbents

• New Forests: Australia-based sustainable forestry and land-use investment manager with multi-billion AUM across timberland, carbon, and biodiversity assets. Comparable to DGB's broader asset management ambitions and long-duration forestry exposure, though at much larger fund scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/dgb_earth
• Facebookfacebook.com/dgb.earth
• LinkedInlinkedin.com/company/dgb-group
• Instagraminstagram.com/greenearthgroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DGB GROUP