The Global commitment to reduce greenhouse gases emissions and global temperatures to reasonable
levels encouraged all nations and transnational companies to bring-in global framework through Kyoto
Protocol and Paris agreements.
Paris Agreement and Kyoto Protocols mandated all participating nations to target to limit increase in
global temperature to 2 C beyond pre-industrial levels and reduce average emissions levels by
5% below 1990 levels respectively. The Kyoto Protocol, which was first legally binding climate pact,
was agreed upon and signed by 192 countries.
Many Governments have already enacted and are continuing to enact legislation and policies to achieve
their obligations as a result of the Protocol. These protocols opened new markets of carbon trading and
carbon tokenization. All corporate companies and nations consciously structuring decisions around
carbon framework. The Protocol lays out a lot of the groundwork for any future international agreement
or series of accords on climate change.
Promote Carbon Tokenization
– Develop and expand the market for carbon tokenization, enabling businesses to trade carbon credits efficiently and support global efforts in reducing greenhouse gas emissions.
Support Global Climate Agreements
– Assist governments and corporations in meeting their commitments under the Paris Agreement and Kyoto Protocol by providing financial and strategic support for emission reduction initiatives.
Foster Sustainable Practices
– Encourage and invest in sustainable business practices and technologies that contribute to reducing global temperatures and achieving the targeted emission reductions.
Innovate in Carbon Markets
– Drive innovation in carbon trading mechanisms and frameworks, making them more accessible, transparent, and effective for all stakeholders involved in combating climate change.
Raise Awareness and Engagement
– Educate and engage with various stakeholders, including governments, corporations, and the public, to promote the importance of carbon management and sustainable initiatives for a healthier planet