Delta Capita has established a new environmental market technology infrastructure for sovereign states.
The firm writes that the DCEM solution has been developed to address the USD949 billion market in traded CO2 permits for sovereign nations participating in the COP26 Paris Accord and the evolution of this market into a new institutional grade asset class.
Built on Delta Capita’s MACH blockchain technology, the firm writes that DCEM provides the regulatory and technological framework to support transparent trading, secure settlement, and scalable liquidity in environmental credits in compliance with global climate agreements and domestic Environmental Markets.
DCEM is a joint venture with Kana Earth, a leading player in environmental asset management currently working with over 50 per cent of the United Kingdom’s Natural Capital projects.
Justin Reynolds, Managing Director of DCEM, says: “DCEM represents an important step toward a future where sovereign nations lead in environmental asset generation, regeneration and trading across regional, national and global networks. Climate finance is becoming recognised as a major institutional grade asset class. DCEM provides sovereign states the capability to establish and scale high-integrity, sustainable Environmental Markets.”
Joe Channer, CEO of Delta Capita, says: “This launch reaffirms our commitment to driving rapid innovation in an ever-changing market landscape by providing a cutting-edge infrastructure offering. With climate finance evolving into an institutional-grade asset class, sovereign states require robust market infrastructure to manage the full lifecycle of environmental credits. Delta Capita’s MACH technology, which has been developed for global capital markets and the processing of conventional, natively digital and tokenised assets, can deliver this capability. It will help sovereign nations meet their climate obligations and address new opportunities within the Paris accord framework.”