The Carbon Reserve issues and supports a global digital currency called toco, which is based on verified atmospheric carbon reductions. Each toco represents one tonne of carbon removed from the atmosphere. Tocos can be bought and stored in a digital wallet and easily used to pay for goods and services.
Visit tocoThe Carbon Reserve holds a portfolio of carbon mitigation assets (CMAs). A CMA is any instrument generated as part of a scheme, project, or programme that reduces or offsets atmospheric carbon. CMAs are measured in metric tonnes of carbon dioxide equivalent greenhouse gasses (tCO2e) removed from the atmosphere.
learn moreThe Carbon Reserve supports a movement of ordinary people, united across broaders, who agree that removing carbon from the atmosphere is in our common interest. The simplest way to demonstrate this agreement is to use carbon mitigation as a means to store, exchange and account for value amongst ourselves - as the basis for money.
Join the movementToco transactions take place on a permissioned blockchain that has two key functions: to process and record toco transactions and to maintain a permanent registry of assets held by the Carbon Reserve. Tocos are issued to unique digital wallets created by toco account holders.
learn moreExpand the money supply responsibly in such a manner that it contributes to achieving the CO2e concentration pathway recommended by the Intergovernmental Panel on Climate Change (IPCC).
Fulfil this mandate in such a manner that the carbon mitigation value of its currency, measured in mitigated tonnes of carbon dioxide equivalent, is achieved and maintained.
The Carbon Reserve believes that any monetary system and payment network should protect consumers and provide a safe and secure means to store and exchange value.
The Carbon Reserve embraces the principles of a representative monetary system, similar in character and functioning to the gold standard, with the overarching goal of increasing the demand for and value of CMAs.
The Carbon Reserve is subject to strict supervision and oversight and is overseen by a board of governors. In all of our decisions and actions, we adhere to three key principles:
Independence, Responsibility, and Transparency.