SFOX, UPA to make Universal Carbon globally accessible

SFOX is an independent crypto broker. The collaboration intends to fulfil its purpose beginning by taking steps to make Universal Carbon (UPCO2) globally accessible to any digital wallet or exchange that wants to offer its clients the opportunity to buy carbon credit token.

In 2020 UPA launched Universal Carbon (UPCO2), a tradable REDD+ carbon credit token. Each UPCO2 Token represents one tonne of CO2 pollution averted by a certified REDD+ project preventing rainforest loss or degradation. Every Token is backed by a Verified Carbon Unit [VCU], a digital certificate issued by Verra and other international standards agencies, which allows certified projects to turn their greenhouse gas (GHG) reductions into tradable carbon credits.