Carbon Retirements: A gift for the planet & people in your life

Retire carbon credits on-chain and receive a giftable Christmas-themed retirement certificate. The process is simple and takes minutes โ€” instructions below. The best part? Toucan will match all NCT carbon retirement gifts as an extra present for the planet ๐Ÿ’š๐ŸŒ

Carbon Retirements: A gift for the planet & people in your life
Update: We're thrilled to report that people loved giving carbon for Christmas - a total of 1,063.40 NCT was retired! As promised, we matched all retirements. See our retirement transaction here.

The total of retired carbon โ€” 2,126 tonnes โ€” is equal to the emissions' footprint of 200 people in Germany, or the carbon created by the disposal of 607,384 (real) Christmas trees ๐Ÿ˜ฎ๐ŸŽ„

Wondering what you could possibly gift to someone who already has everything? May we suggest a gift with real, verifiable climate impact: Honor someone with a carbon credit retirement in their name!

For retirements that happen between Dec 12 and Dec 24, you can request a personalized, Christmas-themed certificate that looks pretty printed out and sent via email. It also helps you save wrapping paper.

How Carbon for Christmas works โ€” step by step

The process for gifting a carbon retirement is simple and can be done independently and in minutes (perfect for those who once again didnโ€™t manage to go gift-shopping in time).

Don't know how many carbon credits to buy? Use this emissions footprint calculator
  1. Purchase NCT on Sushiswap Polygon.
    ๐Ÿ‘‰ Guide here
    ๐Ÿ‘‰ Visit Sushiswap here (don't forget to set your wallet to the Polygon network!)
  2. Redeem NCT for underlying carbon credits (TCO2s) via the Toucan dApp.
  3. Retire carbon credits & don't forget to fill in all relevant information on who you retire for.
    ๐Ÿ‘‰ Toucan dApp here
    ๐Ÿ‘‰ Instructions for steps 2 & 3 here
  4. Upload your retirement information here
  5. We'll send your giftable, holiday-themed certificate ๐ŸŽ„ straight to your inbox ๐ŸŽ‰
Toucan will match all NCT Christmas retirements!

The retirement certificate compiles information on

  • The carbon project you retired credits from
  • The transaction hash
  • Who performed the retirement
  • Who is the retirement for
  • A personalized message

Watch this video where our co-founder James Farrell explains how to buy and offset carbon credits (with the example of compensating for your flight) ๐Ÿ‘‡

What is a carbon credit retirement?

The retirement is the last stage of a carbon credits lifecycle. It means the credit is taken out of circulation and can no longer be used for emissions compensation claims. At this stage, real climate action happens.

Why use Toucan to retire carbon credits?

If you perform the carbon credit retirement on Toucan, you kill two (metaphorical!) birds with one stone:

  • You contribute to meaningful climate action and participate in the future of carbon retirements.
  • You demonstrate the value of open and transparent blockchains (this might even help you explain crypto to your skeptical relatives!)

By the way, how about throwing in a lil family gift by offsetting the flights your family members take to travel back home?

Happy retirement gifting! ๐ŸŽ๐ŸŽ„

Are you wondering how exactly carbon credits come on-chain, and how tokenization can help the carbon markets? Read our explainer around carbon credit tokenization and sign up to our newsletter to receive educational resources first!
What is Toucan?
Toucan is building the technology to bring the world's supply of carbon credits onto energy-efficient blockchains and turn them into tokens that anyone can use. This paves the way for a more efficient and scalable global carbon market.