Welcome to JustCarbon

The problem with the current carbon market

The carbon market is some two decades old, yet still surprisingly low tech. Verification is completed manually, credits are bought and sold over the phone and registries are nothing more than simple databases.

There’s no agreed price for carbon credits and too much emphasis placed on co-benefits, in what is an illiquid, manual and localised market with wildly fluctuating prices depending on your place of purchase.

As the process of matching buyers and sellers is largely manual, only brokers and retailers, not project developers, benefit from this system. This means that fewer funds are reinvested back into more climate action.

Buyers find it difficult to enter a market that will allow them to support climate action and offset their emissions, and this needs to change.

Introducing JustCarbon

JustCarbon’s sequestration marketplace is ready to democratise carbon markets for both companies and individuals to help tackle the climate crisis and keep the global temperature rise below 1.5 degrees.

We aim to drive investment into regulated carbon sequestration projects worldwide — such as the planting and protection of forests, mangroves and seaweed farms — by ensuring carbon credits are given a fair and consistent price and purchasable via an equitable and transparent market.

Our easy-to-use platform is backed by a highly robust blockchain.

How it works

• Companies or individuals purchase JustCarbon Credits (JCRs) from their preferred exchange, or directly from JustCarbon.
• Buyers identify the projects from which the tokens were minted via an immutable blockchain record.
• Project developers view real-time prices on platforms trading in JCRs, and make informed decisions on the timing of sales into liquid secondary markets.
• Intermediaries do the same with stocks of issued credits meeting the JustCarbon criteria.
• JCR holders ‘burn’ their tokens in order to retire carbon credits and offset their unavoidable carbon emissions.
• This allows them to build their decarbonisation strategy, or hold and trade to help ensure their long-term commitments.

Why it’s needed

• The low-tech, two decade-old market still sees credits bought over the phone, verified manually, and recorded on basic databases.
• Too much emphasis is placed on co-benefits, preventing liquidity in the market, which is to the benefit of only brokers and retailers. As matching buyers and sellers is largely manual, fewer funds are reinvested into climate action.
• There’s no agreed price for carbon credits, with prices varying wildly depending on the place of purchase.
• Buyers struggle to enter the market and offset their emissions, and opt for brokers or retailers, who dominate the market.

The carbon market lacks reliability, ease and speed — all problems that can be solved by a tokenised marketplace. JustCarbon has been built to resolve all these issues in an easy-to-use platform backed with a highly robust blockchain.

We’re inviting all companies, individuals and stakeholders to join JustCarbon, help us democratise carbon markets for all and accelerate carbon capture — a crucial tool in tackling the climate crisis.

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