Toucan

This Earth Day, Toucan is bringing carbon finance to the Coinbase's Base network. 💸With a $250k grants initiative, we're supporting builders focused on scaling climate action on Base. 🌎 Starting April 22, 2024, the #CHAR carbon pool on Base will provide access to high-integrity biochar carbon credits verified by the leading carbon dioxide removal (CDR) standard, Puro.earth. 💸 We're excited to announce a total of $250k in grant funding. Grants are awarded to projects that utilize $CHAR to make onchain carbon markets more accessible & transparent. Selected builders will also be supported with our deep carbon market expertise technical assistance. 💡 What We’re Funding You can target individuals or organizations with a myriad of possible applications to help build the future we want to live in. - Gamified Climate Action - Climate Action x DePIN - Builder Tooling - New Financial Products to Drive Demand 🤝Toucan is collaborating with the Cambridge Digital Assets Programme (CDAP) and Cambridge Centre for Alternative Finance, Cambridge Judge Business School to develop a project that gamifies offsetting #Ethereum’s footprint. ✅ How to apply for grants Read all information about Toucan's move to Base & the Grants initiative on our blog and apply for a grant (links in comments):

On August 2nd, 2024, artist and technologist Cyrus Clarke is launching plant-based: a (re)generative, plant-themed NFT collection powered by Toucan's new Green NFT extension, in collaboration with Coinbase and fxhash 🎨🌎✨ 👉 https://lnkd.in/gicGv2Tu

🌍 We are thrilled to celebrate Neutral's launch of 𝘙𝘌𝘋𝘋, a trading instrument for #REDD credits. 𝘙𝘌𝘋𝘋 aims to bring a high level of transparency and integrity to the carbon finance market🌳✨ REDD was launched by Neutral with a coalition of partners, including: 🔹 EcoRegistry and Cercarbono: Certifying REDD credits under advanced registry infrastructure and ICROA standards. 🔹 Renoster - Providing independent, science-based quality assurance. 🔹 Insurers - Offering optional insurance to protect against the risks in REDD projects. 𝐖𝐡𝐲 𝐑𝐄𝐃𝐃? The current REDD market faces challenges like opaque prices, lengthy due diligence, and transactional inefficiencies. REDD addresses these challenges by offering: ✅ Transparent, real-time pricing based on supply and demand. ✅ Instant transactions for buying/selling challenges. ✅ Full transparency of inventory and project reviews by Renoster. REDD prices credits based on project quality, rewarding effective emissions avoidance. At launch, three whitelisted projects are available: 🌳 Proyecto REDD Pazcífico Sur in Colombia 🌳 Rio Jacareacanga REDD in Brazil 🌳 Juina REDD in Brazil Toucan's CEO Raphaël Haupt says about REDD: “Having studied and lived in Colombia, I’ve seen firsthand the importance of protecting and preserving forests in the region. REDD is a transparent vehicle for channeling much-needed finance towards these threatened ecosystems. By embedding third-party ratings into the creation of REDD, we ensure that only the best projects are supported. Combining that with price and instrument transparency from Toucan gives us a high-integrity, transparent market for preservation projects” #carbonfinance #vcm

Thinking about crypto and web3? Passionate about the climate? Read how onchain climate action could hold the 🗝️ to a sustainable future🌎✨! https://lnkd.in/d8-dNiMS Übersetzung anzeigen

We're launching a REDD product soon 👀 and in anticipation wrote a brief overview of one of the most controversial methodologies in carbon markets 🧐 what problem is REDD addressing? 🌳 The destruction of forests accounts for around 4.5 billion tons of CO2 a year. If tropical deforestation were a country, it would be the third highest emitting one, right below the US and China. The rate of deforestation has shown no signs of slowing down and has consistently exceeded 23 million hectares or around 56 million acres of tree cover loss per year since 2016. 🐒 That is not to mention the associated biodiversity collapse resulting from habitat loss, which has resulted in a species population loss of more than 60% relative to a 1970 baseline. ❗If we don’t stop our current deforestation trajectory, we’re screwed. Governmental interventions are certainly a part of the solution, but such interventions can be fickle due to administrative changes, as the Brazilian context shows. Private markets will be crucial in reducing deforestation and maintaining our earth's biodiversity. 🌱 Reducing Emissions from Deforestation and Forest Degradation (REDD ) credits are a type of carbon credits that finance activities focused on the sustainable management and conservation of mature forests at risk of deforestation. The concept was first introduced in 2005 during COP11. The initial idea was to create a mechanism to incentivize low- and middle-income countries to protect their forests by assigning a financial value to the carbon stored within them. 📈 Since its inception, REDD has grown rapidly and now comprises a third of carbon credit retirements. It has also been the center of the quality debate in carbon markets, with significant controversy around the methodology. Check out our blog to learn more (link in comments). It has a turbulent past but the future of REDD has to be a high-integrity, transparent market. We'll announce our contribution to that future soon! 🚀 #carbonmarkets #carbon #deforestation #REDD #carboncredits #vcm

We made the climate-report with recommendations for avoiding and reducing GHG emissions for Swisscoast AG - We also retired the remaining footprint onchain and overcompensated 30t CO2 instead of the calculated 21t using nature based solutions carbon credits tokenised by Toucan. As a member of the Swiss Blockchain Federation we are particularly proud to walk the talk and showcase the added benefits of onchain #DLT #Blockchain transactions when it comes to #carboncredits. In this case transparency and efficiency. And then of course we are very excited to have supported Keo Seima Wildlife Sanctuary and created additional co-benefits with the nature based solutions. Shoutout to the Porini boardmembers Roman Eyholzer and Toni Caradonna for driving the initiative and the HLiquity team with Reto Habegger Silas Stulz Dr. iur. Andreas Gmuender (安德烈亚斯) for beeing on the forefront not only of DLT but also on #corporate #sustainability

We’re excited to be sharing our 2023 Impact Report, which really isn’t about us. It’s about the incredible work of our portfolio companies who are building technologies to decarbonize energy, mobility, food systems, and industry at scale. A few highlights from 2023: 🌎 - The market remains strong for climate technology: In 2023, in spite of an overall market slowdown, our portfolio raised $342 million. While the broader venture market declined 30% (U.S.) to 45% (Europe), climate tech venture remained resilient, staying within 15% of 2022 volumes. The category remains very active and we’re seeing competitive rounds across stages. ☀ - We continue to outperform our peers in DEI: 45% of the dollars deployed from Earthshot Ventures have gone to underrepresented founders, reflecting our commitment to diversity and inclusion. 31% of our dollars have been deployed to female founders, which is well above the average across the venture ecosystem. 🌳 - Our portfolio continues to grow: Our portfolio expanded to 21 investments. We’re particularly excited about growth across our portfolio including KoBold Metals, Parade AI, and Vaulted Deep, who are featured in this report. Each investment in our portfolio is carefully considered for climate impact and financial performance. 📈 - Carbon impact is primed to scale: We continue to track and measure direct carbon reductions across our portfolio. Our report showcases 4,581 tons of CO2 equivalent reduced by our portfolio in 2023, with nearly 40,000 tons of CO2 equivalent projected to be reduced in 2024. Each commercial inflection point that we support through our dollars and coaching creates momentum toward greater impact. ☘ - We’re doubling down on a collaborative investment approach: We have co-invested and collaborated with diverse and experienced VC firms, from both inside and outside of climate, highlighted on page 21 of the report. We are also continuing our deep collaboration with Elemental Excelerator by sharing investment opportunities and resources. Looking ahead, we believe the news regarding the Greenhouse Gas Reduction Fund will be a meaningful accelerant in addressing climate change, and we look forward to collaborating with Elemental as the capital is deployed through this historic fund. Check out the full Earthshot Ventures 2023 Impact Report here: https://lnkd.in/gE_GVxxY Planet FWD, Lilac Solutions, Vibrant Planet, Mitra Chem, Kanin Energy, KoBold Metals, Halo.Car, Mootral, Noteworthy AI, Toucan, Tread, Derapi, Aquabyte, Pattern Ag, Sunstone Credit, LayerUp, SuperCircle, Vaulted Deep, Sightline Climate (CTVC), PitchBook, Mike Jackson, Dawn Lippert, Matt Logan, Austin Blackmon, Garrett Apel, Brianna Rodrigues

𝘏𝘰𝘸 𝘤𝘢𝘯 (𝘵𝘰𝘬𝘦𝘯𝘪𝘻𝘦𝘥) 𝘤𝘢𝘳𝘣𝘰𝘯 𝘤𝘳𝘦𝘥𝘪𝘵𝘴 𝘭𝘦𝘢𝘥 𝘵𝘩𝘦 𝘸𝘢𝘺 𝘪𝘯𝘵𝘰 𝘢 𝘴𝘶𝘴𝘵𝘢𝘪𝘯𝘢𝘣𝘭𝘦 𝘧𝘶𝘵𝘶𝘳𝘦? An excellent PwC report comprehensively overviews the carbon credit landscape. It shows where real impact happens, and gives recommendations on how the financialization of carbon can accelerate climate action. 4 standout figures: 🌿 𝐆𝐥𝐨𝐛𝐚𝐥 𝐜𝐚𝐫𝐛𝐨𝐧 𝐜𝐫𝐞𝐝𝐢𝐭 𝐝𝐞𝐦𝐚𝐧𝐝 𝐢𝐬 𝐬𝐞𝐭 𝐭𝐨 𝐠𝐫𝐨𝐰 15𝐱 𝐛𝐲 2030, driven by increasing corporate commitments to net zero. 🌍 𝐓𝐨𝐤𝐞𝐧𝐢𝐳𝐞𝐝 𝐜𝐚𝐫𝐛𝐨𝐧 𝐜𝐫𝐞𝐝𝐢𝐭𝐬 𝐜𝐚𝐧 𝐞𝐧𝐡𝐚𝐧𝐜𝐞 𝐭𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐚𝐧𝐝 𝐞𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲, ensuring that every credit is traceable and credible. 🔄 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐜𝐚𝐧 𝐫𝐞𝐝𝐮𝐜𝐞 𝐭𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧 𝐜𝐨𝐬𝐭𝐬 𝐛𝐲 20-40%, making it easier for businesses of all sizes to participate in the carbon market. 🚀 𝐓𝐨𝐤𝐞𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐜𝐚𝐫𝐛𝐨𝐧 𝐜𝐫𝐞𝐝𝐢𝐭𝐬 𝐜𝐚𝐧 𝐮𝐧𝐥𝐨𝐜𝐤 𝐧𝐞𝐰 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 𝐦𝐞𝐜𝐡𝐚𝐧𝐢𝐬𝐦𝐬, providing vital capital for climate projects around the world. #ClimateTech #CarbonCredits #Blockchain #Sustainability Link to the full report in comments!

🎉 Big news for carbon markets: The US government has released its first principles to ensure high-integrity voluntary carbon markets (#VCMs) as part of its broader climate strategy to cut greenhouse gas emissions and achieve net zero by 2050. Governmental support is a key milestone to scale #decarbonization. The US government's principles and statements contain clear incentives and put guardrails in place to ensure that carbon markets drive ambitious and credible climate action and generate economic opportunity. They aim to - improve the credibility and transparency of carbon credits - promote real decarbonization - support economic opportunities across diverse sectors. The published statements also highlight the importance of - prioritizing measurable emissions reductions - ensuring fair benefits distribution for project developers - enhancing market integrity. View the full fact sheet here: https://lnkd.in/e2w2U4-y Do you have something to say about this development? Leave your thoughts below 👇

Historic US Carbon Credit Guidelines Announcement: What You Need to Know On May 28 the US is set to announce its first position on carbon credits. This *could* provide much needed backing to the carbon markets, and bring businesses back to buying credits. Why it's important? The US has never taken a stance on credits, leaving any federal action up to the rarely used Green Guides or recent CFTC guidance. This is coming from the Treasury Secretary, Energy Secretary and Agriculture Secretary... probably the three most important climate-related cabinet secretaries. What're they going to say? That high-integrity, additional and permanent reductions are in, but not for Scope 3 and only if decarbonizing those emissions aren't technically feasible. How does this impact carbon markets? Really comes down to the specific guidance, which may or may not be released on Tuesday. Bull case is this decreases reputational risk for businesses by giving them a government-backing on their activity (But Janet said I could!), and drives demand for credits with strong tracing of the claims along with robust MRV (i.e. the best credits). Bear case is that it's overly vague, or lacks nuance which kills off promising methodologies while simultaneously making it so onerous for businesses to justify their usage of carbon credits that they take no action.