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November 8, 2023

Advancing Carbon Market Integrity

Advancing Carbon Market Integrity
Media

Today we are thrilled to announce a partnership between Hyphen and Toucan. This comes as a direct response to carbon markets needing renewed validation and reliability.

Central to this need is the demand for enhanced accountability and trust in both the procurement and validation of carbon offsets for both buyers and suppliers.

Standing on cutting-edge technology and a forward-thinking approach, the union of Hyphen's atmospheric-based digital MRV and Toucan's technology and vision present an opportunity to reshape the foundation of carbon markets.

Hyphen’s atmospheric-based dMRV provides continuous and real-time emissions flux monitoring  in actual metric tons of carbon dioxide or equivalence reduced or removed from the atmosphere. These actionable insights from carbon offset projects provide necessary data streams throughout the whole value chain, enabling dynamic carbon credit certificates that correspond to actual events in nature, rapidly and transparently.

With a focus on optimizing the entire carbon credit lifecycle, Toucan streamlines processes to ensure that every carbon credit is not only verifiable but also adds tangible value to the ecosystem. In this manner, Toucan further ensures transparency, reliability, and inclusivity for all its stakeholders.

Together, Hyphen and Toucan leverage blockchain technology and advanced methodologies for the secure and dynamic transmission of carbon sequestration, reduction and removal to enhance carbon markets’ clarity and trustworthiness.

Our collaboration sets new benchmarks for carbon markets that are resilient and transparent, as well as capable of adapting to future challenges with agility. We're reinvigorating the powerful instrument that carbon offsets provide and amplifying efforts to protect our planet's natural capital by transforming the carbon market from a platform of transaction to a beacon of trust and innovation.

ABOUT TOUCAN

At Toucan, we're building the digital rails for climate finance. We’re doing this by creating a globally accessible platform that efficiently connects buyers and suppliers in the voluntary carbon market.

Visit www.toucan.earth for more. Follow Toucan on Twitter, LinkedIn, Medium and Discord.  

ABOUT HYPHEN

Hyphen is committed to pioneering science-based digital MRV solutions with a strong emphasis on environmental preservation and collaborative stakeholder engagement. We firmly believe that safeguarding biodiversity and ecosystems is imperative for a sustainable future. By harnessing real-time atmospheric greenhouse gas data, our mission is to enhance the integrity of carbon markets.

Hyphen’s methodologies have been honed through over six decades of research conducted under the auspices of the World Meteorological Organization. We place atmospheric greenhouse gas monitoring at the forefront of efforts to improve the verification of emissions reductions, removals and sources. In an era characterized by the global shift toward a green economy and the overarching goals of the Paris Agreement, Hyphen stands as a leader, advocating for science-driven MRV solutions that unlock the full potential of voluntary carbon markets and comprehensive sustainability initiatives.

Follow Hyphen on Twitter and LinkedIn.

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