Toucan is supporting a global decentralized climate finance ecosystem helping us coordinate international efforts to stop climate change.
How? Our bridging infrastructure enables carbon credits from traditional markets to enter web3 and get access to a full range of DeFi tools. Working with T1 DeFi protocols and the community, we enable carbon credits to be used as collateral, yields and money, as well as a huge range of novel applications. In the first week we have already bridged more than 8M tonnes of CO2, equivalent to the emissions of Costa Rica.