Thomas Crowther (ecologist)

Zoetic Global Partners with Ecologistics Integrated Services and Tesla Carbon Bank to Facilitate Growth of the African Carbon Market

Retrieved on: 
Wednesday, May 17, 2023

WASHINGTON, May 17, 2023 /PRNewswire/ -- Zoetic Global announced today that it has signed a Memo of Understanding with Ecologistics Integrated Services, a global climate change investment and sustainable development firm, and Tesla Carbon Bank, a voluntary carbon credit program, to facilitate the growth of Africa's carbon market.

Key Points: 
  • WASHINGTON, May 17, 2023 /PRNewswire/ -- Zoetic Global announced today that it has signed a Memo of Understanding with Ecologistics Integrated Services, a global climate change investment and sustainable development firm, and Tesla Carbon Bank, a voluntary carbon credit program, to facilitate the growth of Africa's carbon market.
  • Together, the team will work with key corporations in Africa that stand to benefit from engaging with Zoetic technology to generate carbon credits and carbon reduction certificates.
  • Companies that work with Zoetic save 20-40 percent on their energy bills and receive carbon credits based on sensor's precise monitoring of their HVAC systems.
  • "It is a great honor to work alongside Ecologistics and Tesla Carbon Bank to expand Africa's fast-growing carbon market.

African Carbon Origination to Explode via Carbon Trade eXchange (CTX)

Retrieved on: 
Thursday, December 1, 2022

This Agreement was forged at COP27 in Egypt to meet an overwhelming demand for Africa to engage in supporting the Carbon Markets.

Key Points: 
  • This Agreement was forged at COP27 in Egypt to meet an overwhelming demand for Africa to engage in supporting the Carbon Markets.
  • CTX, GEM and Ecologistics will work together to expand GEMs National Carbon Meta Registries aimed at supporting the development of Carbon Markets, ITMO, Voluntary Markets in Africa, and to produce Carbon Credits to be available for global trading via an electronic interface with CTX.
  • Leveraging GEMs Technology Infrastructure for the Future of our Planet provides the opportunity for governments, as Paris Agreement signatories, to support their commitments and trade credits under Article 6.
  • GEM licenses registry software solutions and the Trading Exchange Technology for environmental commodity markets.