Humanity needs offsets. Until we change how we obtain energy and remodel the economy to a fully circular model, we need to offset those emissions that cannot be avoided. The key to this process is offsetting the unavoidable emissions with the highest quality carbon offsets and ensuring that the entire process is transparent. TerGo Market and offsets from the IFCC-certified projects address the challenges the offsetting market faces today.
To solve the problems of double counting of offsets and transparency, we are developing TerGo Market – the first carbon offset marketplace connected to a blockchain-based database utilizing Web 3.0 technology. We facilitate a reliable record of offset transaction history by storing each retired offset in an immutable form on the blockchain. Each retired offset gets an NFT certificate, thus making its history available to anyone at any time.