In 2015, the UN identified the SDGs as urgent calls to action for all countries to create a sustainable and equitable future.
One key element is carbon offsetting. Companies are able to achieve carbon neutrality by purchasing “credits” from others who have reduced their emissions.
The Paris Agreement (formerly The Paris Accord) establishes the International Transferred Mitigation Outcome
(ITMO) equal to 1 ton of carbon.
The Paris Agreement has reached a critical inflection point with countries (including the US) now committed to long term compliance. Task Force on Climate-related Financial Disclosure (TDFD) is now required for organizations with 500 employees or more. Over 200 international banks are adopting TCFD accounting protocol for compliance. In the near future, TCFD will be required to obtain corporate loans.
SDG is a priority for CEOs. Yet the market is making slow progress.
Neutrality pledges are rising and the marketplace has seen explosive growth. Yet, carbon solutions are failing to meet demand. Companies are burdened by an inefficient and segmented market.
SDG is a priority for CEOs. Yet the market is making slow progress.
Eli Mitchell-Larson, Oxford University
Tracking carbon assets
Connecting buyers and sellers of emission allowances
Facilitating a seamless marketplace
Connecting asset owners with capital
Carbon credit verification and movements are tracked and permissioned through “mint and burn” functionality
One Carbono token represents a discount on the purchase of 1 ton of carbon (ITMO) purchased through the SDG Exchange.
Purchasers of Carbono (ERC20) “public tokens”, will be redeemed for ITMO “permissioned tokens” verified by blockchain technology, hence eliminating double-spending or double-printing. Any possible fraud, counterfeit or mislabeling of credits is eliminated.
Jason Cooner is a technology leader with 25+ years in digital product, infrastructure development, and management. Successful execution for both corporate and government clients including the US Department of Defense. Founder of Archetype developed and delivered M2M and IoT solutions for Fortune 500 companies. Archetype is part of the Microsoft partnership.
Michael Terpin is a Global investor, advisor, and thought leader in cryptocurrency markets and blockchain technology since 2013. Founder of Bit Angels, Transform Group, and Transform Ventures.
David Jensen is a serial entrepreneur, investor, and innovator. Currently, he is an advisor/investor to several blockchains and early-stage crypto companies. His forthcoming book Structured Mischief: Creating Good in a Blockchain World will be released in fall 2021. Working at the intersection of emerging technology and innovation, he recently built and led EY’s Global Innovation and Digital Strategy Business. He’s a two-time Emmy Award winner and has been elected to the HReporter Digital 50. In addition, he served on industry boards and organizations, including Vice-Chair of the PGA and Governor of the ATAS.
Teuta Bakalli (FCCA), a finance industry leader with 20+ years of experience in regulated financial markets. Former CFO at Worldpay with various executive roles at Schroder's, Credit Suisse First Boston, and Barclays Capital before joining Willis as FD and acting COO. She was also FD of Vanguard Europe, part of the $5.6 trillion investment group.
Kurt Watson is a veteran Sales and Marketing Executive. At SDGx he is responsible for revenue generation processes as well as driving better integration and alignment between revenue related functions; including marketing, sales, and support.
