Thallo Joins International Emissions Trading Association (IETA)

Thallo Joins International Emissions Trading Association (IETA) - Carbon Herald

Climate start-up Thallo has been accepted as the latest member of the International Emissions Trading Association (IETA), the leading global trade association for organizations working in the greenhouse gas emissions reduction space. Thallo’s IETA membership follows a thorough vetting process: it is one of the few companies using blockchain technology to be accepted into the industry group.

“IETA is an extremely important stakeholder driving international collaboration and progress in the voluntary carbon market and beyond,” said Joseph Hargreaves, Thallo co-founder and Chief Strategy Officer. ”We’re excited to join them and help with the critical work they are undertaking in developing an effective emissions trading regime that works for all stakeholders”.  

“Carbon credits are an important part of the journey to net zero,” said Dirk Forrister, IETA President and CEO. “IETA and its members strive to encourage best practice and robust standards in all carbon markets, and we welcome Thallo’s support for transparency and integrity.”

Relevant: Thallo Releases Carbon-As-A-Service API Offering Carbon Credits To Customers

Thallo provides access to the whole carbon market – either as one-off purchases or through APIs that allow businesses to incorporate carbon credits directly into their products and services.  Using cutting edge technology to revolutionize and democratize the carbon markets, Thallo aims to make it easier for buyers and sellers of high-quality carbon credits to find each other.

Thallo has already launched its Carbon-as-a-Service offering, which allows customers to use Thallo’s two-way bridge to access carbon credits that have been brought onto the blockchain – or “tokenized.” The Thallo carbon exchange, which will allow carbon buyers to find and purchase carbon credits directly from project developers, will be launched later this year.

IETA is a non-profit business organization, established in 1999 with the goal of establishing a functional international framework for trading in greenhouse gas emission reductions. Its membership includes leading international companies from across the carbon trading cycle, including banks, project developers, technology providers, registries and more.

IETA members are working to develop an emissions trading regime that results in real and verifiable greenhouse gas emission reductions, while balancing economic efficiency with environmental integrity and social equity.

Read more: SCB And Thallo Partner On Digital Carbon Credits

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