Empowering Nature

ITMO Ltd. sources, structures and sells Paris Agreement Compliant Sovereign Carbon credits, at Gigaton Scale, with Economic, Social and Environmental Benefits.

Catalysing the Paris Agreement Carbon Market

ITMO Ltd. is dedicated to catalyse the Paris Agreement Carbon Market at speed and scale.

ITMO @COP28

The Future of Rainforests, Biodiversity &
the Paris Agreement Carbon Market

COP28 Invitation
Nov 30-Dec 12
Blue Zone, Dubai Expo, B2 – 20

Rainforest Nations Conservation Alliance (RCNA) Pavilion

We cordially invite you to catalyse finance for the:

  • – Protection of Rainforests
  • – Enhancement of Biodiversity
  • – Paris Agreement Carbon Market

Download MAP >> Pavilion B2 – 20

Download AGENDA >> Please click here

For Meetings & Speaking Opportunities please email:
michael@itmo.com

COP28 logo - ITMO - ITMO Ltd


The Importance of Rainforests to our Survival
If we are to meet our global climate, nature and biodiversity targets, we must protect rainforests globally.

Rainforest Deforestation is the third largest emitter in the world

Source: World Resources Institute-By the Numbers: The Value of Tropical Forests in the Climate Change Equation by David Gibbs, Nancy Harris and Frances Seymour https://www.wri.org/insights/numbers-value-tropical-forests-climate-change-equation. Global Forest Watch https://www.globalforestwatch.org/map/

When you protect rainforests,
you also support global:

  • Biodiversity Protection
    The largest Biodiversity protection solution in the world: >80% of the planet’s terrestrial biodiversity. 1

  • Carbon Sequestration
    The most powerful natural-based solution (NBS) carbon sequestration in the world >200Gt or 29% of CO2/yr. 2

  • Temperature Cooling
    The most effective climate cooling solution in the world: >1c temperature cooling. 3

The Paris Agreement Carbon Market
There are 3 different types of carbon markets: Regulated (ETS-Emissions Trading Schemes), Voluntary (VCM-Voluntary Carbon Market) and
the Paris Agreement Carbon Market.

The Three Types of Carbon Markets

Source: World Bank Carbon Pricing Dashboard https://carbonpricingdashboard.worldbank.org/ & Climate Focus Voluntary Carbon Market Dashboard https://climatefocus.com/initiatives/voluntary-carbon-market-dashboard/

Article 6 & ITMOs

The Paris Agreement Carbon Market was established after
Article 6 was signed by all 196 countries to establish a new 
carbon market mechanism. It allows governments to issue
Sovereign Internationally Transferable Mitigation Outcomes (ITMOs) and trade them bilaterally, or with the private sector.

The future carbon market opportunity and scalability is in this
73.8% global carbon emissions gap.



*INTERNATIONAL ORGANIZATION OF SECURITIES COMMISSIONS (IOSCO) defines the Paris Agreement Carbon Market as “…A compliance offset market. These are markets falling under Article 6.4 of the Paris Agreement; with the United Nations acting as the Supervisory Authority.”


What is Sovereign Carbon?

Sovereign Carbon is a carbon reduction/removal unit created under the UNFCCC Paris Agreement.
Sovereign Carbon has unique attributes compared to other carbon credits.


The Carbon Credit Matrix

Unlike other Carbon Credits, Sovereign Carbon is in the Top-Right corner of the Carbon Credit Matrix: (x-axis Carbon Impact & y-axis Carbon Scalability). Sovereign Carbon can only be National at scale, and a Reduction and/or Removal carbon unit.

Sovereign Carbon matrix-ITMO

Source & Credits: ITMO Ltd.

Sovereign Carbon Attributes

  • Nationally netted

    There is no leakage or double counting

  • Paris Agreement-Compliant
    Sovereign Carbon is part of global Paris Agreement)

  • Only Reduction & Removal
    No avoidance are allowed with Sovereign Carbon

Deutsche Bank-CIO-Special-UNFCCC REDD+ Sovereign Carbon-White Paper-ITMO Ltd

Sovereign Carbon White Paper
In October 2022, Deutsche Bank, the Coalition for Rainforest Nations, and the ITMO team published the first White Paper on Sovereign Carbon.

Download it here >>
Download press release>>

How is Sovereign Carbon Issued?

Sovereign Carbon is issued by a Country under the auspices of the UNFCCC. The first Sovereign Carbon is from the UNFCCC REDD+ process.

Issuance Parameters
Sovereign Carbon has some of the most robust issuance parameters in the world.

+ Global Standard
The highest integrity global standard agreed by >190 countries

+ Measurement, Reporting & Verification (MRV)
The most robust MRV process with the UNFCCC Expert Review

+ Scalability
The most scalable carbon credit units nationally and globally: Gigatons/yr.

Source: UNFCCC & the Coalition for Rainforest Nations

12-step Issuance Sovereign Carbon Process

Countries have to go through a multi-year 12-step process to be able to issue Sovereign Carbon REDD+ units and/or ITMOs.

Sovereign Carbon-ITMO

How ITMO Ltd. Offers Sovereign Carbon

ITMO Ltd. sources Sovereign Carbon credits from countries, structures them on best-in-class national registries, and sells them globally.
ITMO Ltd is divided into three units:
ITMO Capital, ITMO Tech & ITMO Research.

ITMO Capital

ITMO Capital Syndicates & Structures Sovereign Carbon.
Find Out More

ITMO Tech

ITMO Tech provides the infrastructure for nations & companies to register & trade
Find Out More

ITMO Research

ITMO Research offers data and analytics for the Paris Agreement Carbon Market.

(Coming soon…)

Page coming soon>>

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Sovereign Carbon
Economic, Social & Environmental Benefits

When you buy, trade or invest in Sovereign Carbon you not only meet your Science-Based Net-Zero targets you also support the following (most are part of the Cancun Safeguards):

Monkey-ITMO

News & Events

The latest news from ITMO Ltd, the Carbon Markets & the UNFCCC Paris Agreement. Please visit our LinkedIn page.


Members & Supporters

ITMO Ltd. is a proud member and supporter of the following climate, nature and biodiversity finance initiatives:

  • UNESCO-Ocean-Decade-original-ITMO
  • UN Decade_LOGO_ITMO
  • one planet logo-ITMO
  • TNFD-logo-ITMO
  • TCFD_logo_blue-ITMO
  • ITMO-natural capital finance alliance
  • Global Deal for Nature-ITMO Ltd
  • Business for Nature-ITMO