Aleria, Tawasal, and Xange.com Launch Joint Venture for Paris Agreement Carbon Market Infrastructure
Three leading technology and sustainability companies have announced a groundbreaking joint venture to expand market infrastructure supporting over $100 billion in internationally transferred mitigation outcomes (ITMOs) under the Paris Agreement. Aleria, a sovereign artificial intelligence specialist, Tawasal, a UAE-based leading application platform, and Xange.com, an environmental intelligence software company headquartered in Zurich, are collaborating to help governments establish national registries and monitoring systems that comply with Paris Agreement Article 6 mechanisms.
Building Paris Agreement Carbon Credits Infrastructure
The joint venture focuses on accelerating the creation of national mitigation outcome registries, market-ready settlement infrastructure, and digital monitoring, reporting, and verification (dMRV) systems aligned with Paris Agreement requirements. This partnership addresses a critical gap in the global carbon market by providing governments with the technical foundation needed to manage and trade carbon credits effectively.
Xange.com provides the essential foundation for a robust global market for mitigation outcomes as outlined in the Paris Agreement, opening opportunities for countries with high mitigation potential through several key solutions. The company’s digital MRV tools help nations collect reliable mitigation data that meets buyer quality standards while efficiently detecting environmental hazards such as fires and floods. Additionally, Xange.com offers Global Environmental Market Infrastructure Solutions (GEMIS), a unified technology solution that aligns with national policies for managing environmental projects according to Paris Agreement requirements.
Key Components of the Paris Agreement Carbon Credits Solution
- Digital Monitoring, Reporting, and Verification (dMRV) tools for reliable mitigation data collection
- Global Environmental Market Infrastructure Solutions (GEMIS) for unified technology compliance
- Independent third-party registry for mitigation outcomes settlement using digital platforms
- Sovereign data and payment solutions leveraging artificial intelligence capabilities
- Integration with Tawasal’s millions of users for market participation
“Article 6 requires governments to manage registries, data systems, and settlement processes that are reliable and under national authority. This joint venture focuses on delivering the technical infrastructure needed to support accounting, monitoring, and compliant transfer of mitigation outcomes. By combining Aleria’s sovereign AI capabilities, Tawasal’s digital platform, and Xange.com’s market infrastructure, we empower countries to implement Article 6 mechanisms according to Paris Agreement requirements.”
Eric Liandry, CEO of Aleria and Tawasal
Global Expansion and Market Opportunity
Through its partnership with Tawasal and Aleria, Xange.com plans to expand operations across Africa, the Middle East, South America, Asia, and other vital regions to achieve Paris Agreement objectives. The companies have identified a long-term portfolio exceeding $100 billion in Paris Agreement-compliant outcomes through forest conservation and nature-based programs.
“We have identified a long-term portfolio exceeding $100 billion in Paris Agreement-compliant outcomes through forest conservation and nature-based programs.”
Esteban van Goer, CEO and Founder of Xange.com
The joint venture represents a significant step forward in implementing the Paris Agreement’s Article 6 mechanisms, which allow countries to cooperate in reducing greenhouse gas emissions through international carbon credit trading. By providing governments with sovereign AI capabilities, digital platforms, and market infrastructure, the partnership enables countries to participate effectively in the global carbon market while maintaining national control over their mitigation data and settlement processes.
This initiative is particularly important for developing nations and countries with high mitigation potential, as it removes technical barriers to participating in international carbon markets. The infrastructure supports not only carbon credit trading but also environmental monitoring and reporting, helping governments track progress toward their climate commitments under the Paris Agreement.