.<\/em><\/p>\nCarbon Credits Also Known As EEUs (Eligible Emission Units) Will Be Baked To CORSIA<\/p>\n
Although blockchain technology will enable AirCarbon to make the EEUs highly liquid, tradable, and fungible, the tokens will be backed to CORSIA a compliant carbon credit. CORSIA is a market-oriented firm whose primary goal is to offset CO2 emissions emitted by the aviation industry. Per the press release, one tradable token will be equivalent to a tonne of CORSIA. Besides working with stakeholders and getting the approval of ICAO, AirCarbon is working on getting its RMO license.<\/p>\n
Apart from working on the development of its exchange, AirCarbon also supports other projects through its AirCarbon Registration Facility. The latter facility is responsible for issuing grants to support other C02-mitigation projects. The donations go to finance the registration, issuance, consultation, and auditing fees of the other projects. However, in return, AirCarbon expects the developers to commit themselves and list their credits on its exchange.<\/p>\n","protected":false},"excerpt":{"rendered":"
A collaboration between AirCarbon Pte Ltd and the Sustainable Energy Association of Singapore (SEAS) has led to the unveiling of AirCarbon Exchange. The latter is the first securitized carbon emissions market place targeting stakeholders in the airline sector. Apart from working with SEAS, AirCarbon had the backing of Enterprise Singapore.<\/p>\n","protected":false},"author":4,"featured_media":19442,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102,74],"tags":[5001,5026],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/19439"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=19439"}],"version-history":[{"count":0,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/19439\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/19442"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=19439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=19439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=19439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}