We operate in the voluntary carbon market to target atmospheric carbon reduction (in line with IPCC recommendations) and maintain the mitigation amount represented by tocos in circulation.
We provide a safe, efficient, and accessible system for recording assets and conducting toco transactions.
We monitor carbon mitigation market risks and engage with participants to help ensure the market supports carbon reduction in line with IPCC recommendations.
We regulate participants in the blockchain system for compliance and ensure that the Reserve’s operations and assets are transparent and verifiable to the public.
We engage with originators, verification-and-monitoring agencies, registries, dealers, and rating agencies from across jurisdictions to provide transparent and accurate carbon asset ratings and assessments.
We manage the currency and CMA reserves. The level of our reserves is largely dictated by the implementation of monetary policy.
The founders of the Carbon Reserve intentionally chose the legal structure of a foundation to ensure the toco initiative’s independence, trustworthiness, and transparency.
The founding members of the Carbon Reserve are serving a two-year term on the Board of Trustees to help lead the Carbon Reserve through its inception stage towards maturity and independence. Thereafter a transition to a fully independent board will be made.
Niel co-founded several technology and telecommunication firms including Vumatel, Conduct and the Birchman Group. He is currently a director at the investment firm Advencap.
Paul co-founded Lobster Ink, an ed-tech platform designed for the hospitality industry. He is currently the Chief Executive Officer at toco.
Johan is currently a founder and director at investment firm Advencap. Previously he co-founded several technology and telecommunication firms including Vumatel and Conduct.
Simone is an independent asset manager at Fuchs & Langen AG (Switzerland), as well as a portfolio manager and AML officer at ILFP Services AG.
To ensure the success of the toco initiative, the integrity of the Carbon Reserve cannot be compromised by external interests, influences, or profit motives. The Carbon Reserve owns its assets. These assets do not belong to any one person and can only be managed for the benefit of the toco economy.
Transparency is key to independent and responsible governance. Because we use blockchain technology to record all asset and currency transactions, it is possible for any third party to verify and audit both the assets held in the Carbon Reserve and the total tocos in circulation.
We believe in the ongoing stability of national currencies; in safe, secure, and stable banking systems and in strong consumer protections. The Carbon Reserve will continually work with policymakers as the financial network expands and as regulations change.