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Xarbon, UNOPS Partner to Support Low-Carbon Economy (Int'l Report)
Xarbon Sustainability, nited Nations Office for Project Services
Date: 2018-07-18
In Hong Kong, Xarbon Sustainability Limited, a sustainability technology company using blockchain to improve carbon credit trading market transparency, is reporting a strategic partnership with the United Nations Office for Project Services (UNOPS) to support low-carbon economy development and has participated in co-investment of $18 million on a Korean-based OLED lighting project to offset carbon emission.

The Company has a partnership and received endorsement from the UNOPS, the operational arm of the United Nations dedicated to implementing projects for the United Nations System, to support low-carbon economy development by establishing digitalized carbon, aiming to improve education, awareness-raising and social impact on climate change mitigation, adaptation, impact reduction and early warning among different governments and organizations.

Xarbon launched the first Digital Carbon Credit "OCO", on top of the New Economy Movement Blockchain, which aims to future proof the carbon economy. The team believes that by applying blockchain technology to the carbon credit market, that OCO can improve transparency of carbon credit transfer, simplify user verification process, and incentivize individuals to uphold behavioral change. (Source: Xarbon Sustainability Limited, PR, Across Asia Communications, 18 July, 2018) Contact: Xarbon, http://xarbon.com/en; nited Nations Office for Project Services, www.unops.org

More Low-Carbon Energy News Xarbon Sustainability ,  Low Carbon Economy,  Carbon Credit,  Carbon Credit Trading,  

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