The Emerald Leaf serves only as a crafting material for certain Holoitems and has no other practical use. Despite the Emerald Leaf having an enchantment glint applied to it, it does not contain any actual enchantments.
The Emerald Leaf does not belong to any specific Hololive member's collection and does not have a prerequisite to unlock it's crafting recipe because of it. It is however used in the Rift Walker belonging to Haachama's collection, and the Quartz Blossom belonging to Aki's collection.
To get an Emerald Leaf, an emerald ore block must be smelted in a furnace or a blast furnace.