Second hand platform for building and real estate

All Cycle Up carbon credits are only available on Riverse registry. The carbon credits covers all the activities of Cycle Up.

Cycle Up carbon avoidances are calculated with a cradle-to-grave comparative lifecycle analysis, on "global warming" criteria, following ISO 14067 norm. All carbon credits currently available are ex-post, meaning the carbon avoidances have already been verified and thus are real.

Key Impact Indicators:

• amount of products
• transportation of the first-life products to Cycle Up
• allocation

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• Regulatory additionality: In spite of existing regulations, the majority applies to the public sector which leaves the gap for the implementation of the private sector especially domestic residences. Cycle Up activities can provide the possibility for them to engage in increasing lifespan of the building materials.

• Financial additionality: The financing obtained thanks to the carbon credit revenues will be used by Cycle Up to create value-added services for the direct ecosystem - but not for the benefit of Cycle Up - that promote the adoption of second hand construction materials by the market. There are activities that Cycle Up is already implementing at a loss.

• Prevalence aditionality: It cannot be denied that traditional methods of end-of-life building disposal are dominating since modern society rarely designs with material recovery in mind. Financing from carbon credits will allow Cycle Up to overcome this common practice barrier and improve adoption by continuing to provide services that increase client confidence.

• The construction of the residential sector is always evolving in terms of both architecture (style, decoration) and engineering (structure). This contributes to the challenges for waste generation and waste management systems like Cycle Up to diversify, and to adopt new techniques and approaches. Revenue from carbon credits will lead to more possibilities to expand skilled-labors and technologies needed to enhance their performances on the platform.

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Because the carbon credits are of the type “avoidance” and not “removal”, we do not have to consider a sequestration horizon for permanence.

The verification of the carbon credits associated with second-life products for building and construction activity will be done as the first-life of products ended and entered the Cycle Up process. The effectiveness of avoidance will be ensured and verified every 6 months by Riverse through the following indicators:

• amount of products
• transportation of the first-life products to Cycle Up
• allocation

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Expansion of the supply chain:

• Identified risk: with the development of the second hand market, the number of intermediaries is increasing, with service providers all over the world, thus increasing the probability that some of the equipment will travel long distances.

• Approach: Cycle Up is committed to intervening on the scale of the territory/region in which circular economy and reuse can be applied. They analyze the regional needs and availability of materials and create synergies between local actors.

Increasing energy consumption due to the equipment’s performance

• Identified risk: in the second hand market, the products are reused in the cycle. However, as the renovation of the building nowadays needs to concern mainly the minimization of the energy consumption, the reused product might affect different energy demands compared to the latest ones in the market.

• Approach: Building and construction materials are meant to be long-lasting and carry out high-strength towards their lifespan. They support long duration usage and can also be tested thanks to the existing technologies in terms of performance and efficiency before reusing. As the performance of the materials and equipment will be all verified by the Cycle Up team, the products are ensured to meet the required technical qualification.

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