Announcing our partnership with Puro.Earth: The first two-way bridge for biochar credits is now live.

Hello!

Today, we're thrilled to share a big announcement with you: Our two-way bridge with carbon standard puro.earth is live! With this integration, we've enabled the instant settlement of biochar carbon credits on-chain, which accelerates the speed for carbon retirements. Click here to request access, or scroll down to read more details on this new bridge!?

In other news, we have impressions from the BMW Foundation's Responsible Leadership accelerator. As always, you'll also find some valuable content that caught our eye, quick carbon market & climate tech news, and the latest jobs in climate.

Enjoy!

Integration with Puro.earth is live

We're excited to announce the release of a two-way bridge to carbon removal standard Puro.earth . By creating the first bridge that integrates with the Puro Connect API, Toucan has enabled the instant settlement of biochar carbon credits on-chain, which accelerates the speed for carbon retirements. Project developers can access new demand sources, while market participants can move beyond over-the-counter trades.

What is biochar? CDR explained

Biochar is a charcoal-like substance created by heating biomass in the absence of oxygen. It can mitigate climate change, improve soil health, increase crop yields, and reduce greenhouse gas emissions.

Pitching better carbon markets

Last week in Berlin, we had the privilege of speaking at the BMW Foundation Herbert Quandt 's Re*LEADERSHIP Forum. This two-day event marked the culmination of our participation in the Foundation’s six-month RESPOND Accelerator program.

Recommended Read: A Cash-for-carbon hustle

The New Yorker raised serious concerns about governance with the Kariba REDD+ project, ie about over-crediting. Buyers are the ones getting hurt when purchasing credits that can't support the claims developers are making. We believe that using blockchain could have added transparency into the process of delivering funds back to the communities.

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