CHAR by Toucan: The first liquid market for biochar credits
CHAR is open infrastructure for the automated buying and selling of biochar credits at a transparent market price — fully automated, accessible 24/7.
CHAR 🖤 the first liquid market for biochar credits, is officially up and running! 🌱🥳
With the biochar credit market predicted to grow sixfold in the coming years, strong infrastructure is essential. By building this foundation now, we ensure sustainable growth tomorrow.
CHAR is open infrastructure for the automated buying and selling of biochar credits at a transparent market price — fully automated, accessible 24/7.
CHAR for Projects: We built CHAR so that project developers can get instant access to liquidity, to help scale and fund their growing operations. On top of that, projects will receive royalties whenever their credits are sold into or out of CHAR, so projects continue to see an upside after the initial sale.
CHAR for Buyers: We wanted buyers to be able to access a transparent, efficient way to source credits, speeding up the buying process. Plus, with our innovative standardized contracts, they can enjoy the perks of a liquid market without sacrificing the ability to choose specific biochar projects to purchase.
CHAR for the Climate: Biochar is one of the most readily available forms of highly permanent carbon removal today. Investments in carbon removal techniques are necessary. The different pathways assessed by the IPCC to achieve 1.5 degrees C all rely on carbon removal. Every project in CHAR has been verified by Puro.earth, and additionally screened by us. All reports will be accessible directly on our app.
Learn more in our detailed CHAR launch post:
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