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Climate Confident - Practical Climate Solutions That Cut Emissions

Toco: Bridging the Gap Between Finance and Sustainability

April 10, 2024 • Tom Raftery / Joe Pretorius / Paul Rowett • Season 1 • Episode 165

0:00 | 1:05:51

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In what has to be one of the most original episodes of the Climate Confident podcast, I delve into the world of Toco, an innovative currency that's setting a new precedent in the fight against climate change. Join me as I talk with Joe Pretorius and Paul Rowett, who share their vision of a currency that not only serves as a medium of exchange but also as a tool for environmental action. Backed by The Carbon Reserve, Toco represents a bold step towards marrying financial transactions with carbon reduction efforts.

Joe and Paul recount their journey from conceptualising Toco to its pilot success in Stellenbosch, and their upcoming expansion into Europe. They highlight how Toco enables individuals and corporations to contribute to climate action in a tangible way. Moreover, they introduce the Carbon is Money organisation, a pivotal force in advocating for the recognition of carbon reduction as a valuable economic activity, crucial for Toco's mission and broader acceptance.

For those fascinated by how innovation can bridge sustainability with everyday financial practices, this discussion sheds light on Toco's potential impact. Learn about the synergy between The Carbon Reserve, the Carbon is Money organisation, and how Toco is poised to revolutionise our approach to economic activity and environmental stewardship.

Don't forget to check out the video version of this episode on YouTube

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