Toucan Protocol
We're building infrastructure that makes it easier for carbon credits to be bought, sold and retired
About
At Toucan, we are building the infrastructure to reverse climate change.
The climate crisis stems largely from a misalignment of incentives. Polluters don’t pay for their emissions. The voluntary carbon credit market is changing this, enabling companies to offset their emissions by paying projects to capture carbon. Today, this market is highly wasteful due to a lack of liquid markets, forcing projects to go through layers of financial middlemen that take 50-80% fees.
Toucan is enabling a web3 regenerative finance ecosystem by bridging carbon credits into crypto and pooling them in standardized categories. We have created the first globally accessible and liquid market for voluntary carbon credits. Working with T1 DeFi protocols and the community we enable carbon credits to be used in a variety of use cases, including green assets, NFTs, collateral and yields. In
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