The Celo team announced via a tweet on Monday that it has partnered with Toucan Protocol and Climate Collective. The three entities will work together to make transparent climate action accessible to anyone with a mobile phone and an internet connection.
Toucan Protocol builds infrastructure for carbon markets to finance climate crisis solutions, while Climate Collective is a coalition of companies collaboratively building at the intersection of web3 and climate action.
Celo is an open platform that supports various distributed applications, smart contract development and payments using e-mail addresses and phone numbers as public keys.
CELO is down by 8% in the last 24 hours and is currently trading at $3.184.