Phase 1 (Q4 2023 - Q2 2024)

• Launch the carbon credit offset marketplace module
• Get buyers and sellers together for emission reduction technologies, goods and services
• Offer tracking of purchased technologies/goods/services on Newrl
• Categories: Solar and related, Consulting, Water conservation, Agri inputs
• Implement messaging system between buyers and sellers

Phase 2 (Q3 2024 - Q2 2025)

• Launch the sustainable retail marketplace module
• Offer sustainably produced food and fashion goods and services
• Offer education to consumers on product emissions benchmarks, regenerative agriculture, etc.
• Brands must verify their sustainability credentials through Newrl
• Consumers can buy and offset carbon credits for general emissions outside the platform
• Offer direct payment to farmers for sustainable agriculture

Phase 3 (Q3 2025 - Q2 2026)

• Launch the sustainable investing module
• Enable investors to invest in sustainable production
• Encourage investee companies to embrace sustainable production through optimized supply chains, lower emissions, and eco-friendly sourcing

Phase 4 (Q3 2026 - Q2 2027)

• Expand the EcoSouk platform to other industries beyond food and fashion
• Offer more categories of sustainably produced goods and services
• Develop partnerships with sustainable producers in other industries
• Expand the sustainable investing module to cover a wider range of companies and industries.

Note that these timelines are approximate and subject to change based on various factors such as development resources, market demand, and regulatory considerations.