Toucan

Toucan is an innovative company dedicated to developing infrastructure for the global carbon market to enable climate action on a large scale.

• Puro Carbon Bridge: This platform enables the tokenization of carbon removal credits certified by Puro.earth. This bridge connects Toucan with the Puro.earth standard and allows for the immediate settlement of engineered carbon removal credits on the blockchain[3][5].

• TCO2 Tokens: These tokenized carbon credits contain data about the original environmental project, the standard, and the year of generation. Each TCO2 token represents one ton of verified avoided or removed carbon[3].

• Carbon Pools: These pools aggregate TCO2 tokens with similar attributes to create market liquidity. A notable example is the CHAR carbon pool, which facilitates the trading and retirement of biochar credits[3][2].

• Green NFT Extension: This extension allows users and NFT project developers to embed carbon removal credits into new and existing ERC-721 collections[3].

Toucan is committed to creating an efficient and liquid carbon market infrastructure to advance global climate protection. The company advocates for the integration of high-integrity carbon removal measures into the crypto ecosystem to make climate action more accessible and widespread. Toucan's mission is to accelerate the transition to an economy that thrives within planetary boundaries[4][5].

Toucan has made significant progress since its founding in 2021. Here are some of the key initiatives and goals:

• Scaling Carbon Trading: Toucan's infrastructure has rapidly developed and now supports a trading volume of $4 billion in carbon credits. The company currently represents 85% of all digital carbon credits[4].

• Biochar Carbon Pool (CHAR): The CHAR carbon pool is the first liquid market for biochar credits and aggregates verified biochar carbon credits from Puro.earth on a single platform. This enables automated, on-demand buying and selling of biochar credits[2][3].

• Collaboration with Projects: Toucan works closely with projects such as BC Biocarbon, American BioCarbon, and Exomad Green to bring high-quality biochar carbon credits to market and enhance the transparency and efficiency of carbon credit transactions[5].

• REDD+ and Forest Protection: Toucan plans to introduce REDD+ (Reducing Emissions from Deforestation and Forest Degradation) products to reduce deforestation and promote the sustainable management and conservation of forests[5].

Toucan is committed to a sustainable and future-proof world through its innovative technology and close collaboration with various stakeholders, making the carbon market more transparent, efficient, and liquid.

• 1 - https://blog.toucan.earth
• 2 - https://app.toucan.earth
• 3 - https://docs.toucan.earth
• 4 - https://toucan.earth
• 5 - https://toucan.earth/about-toucan/