Delta Capita, a capital markets consultancy, managed services firm, and technology provider, has launched Delta Capita Environmental Markets (DCEM), a new environmental markets technology infrastructure. The solution was developed as a response to the establishment of carbon markets under the Paris Agreement, as finalised at the COP26 conference.
As explained by the United Nations Development Programme, the concept of carbon markets allows companies or countries that have emitted less carbon than their allowances to sell their excess to those that require more allowance. In its press release, Delta Capita puts the value of these markets at US$949 billion. DCEM was built to “address the evolution of this market into a new institutional grade asset class”.
The solution was built on Delta Capita’s MACH blockchain technology. It provides a “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”.
Justin Reynolds, managing director of DCEM describes the solution as representative of “a future where sovereign nations lead in environmental asset generation, regeneration and trading across regional, national and global networks”.
