Aleria, Tawasal, and Xange.com Enhance Paris Agreement Infrastructure
In a groundbreaking move aimed at bolstering the carbon market infrastructure, Aleria, a premier sovereign AI company, has partnered with Tawasal, a leading super app based in the UAE, and Xange.com. This collaboration seeks to establish a comprehensive solution for facilitating the registration, monitoring, and transaction processes essential under the Paris Agreement. More specifically, it focuses on creating a solid infrastructure to support a portfolio exceeding $100 billion in Internationally Transferred Mitigation Outcomes (ITMOs), predominantly linked to nature and forestry initiatives.
The Joint Venture's Vision
Announced on January 21, 2026, during the World Economic Forum held in Davos, Switzerland, this joint venture aims to provide national governments with the necessary tools to operate national registries and monitoring systems being fully compliant with Paris Agreement mandates. Eric Leandri, CEO of both Aleria and Tawasal, emphasized that the Article 6 of the Paris Agreement requires robust data systems and reliable settlement processes. The joint initiative is designed to offer technical support for accounting, monitoring, and transfer of mitigation outcomes that adhere to international standards.
By integrating Aleria's sovereign data capabilities, Tawasal's digital platform, and Xange.com’s market infrastructure, the venture aims to empower countries to implement the necessary mechanisms outlined in the Paris Agreement.
Technology and Solutions Offered
The partnership boasts several innovative solutions that are crucial for effective environmental management:
1.
Digital Monitoring, Reporting, and Verification (dMRV) Tools: These tools facilitate efficient data collection and verification, particularly concerning mitigation outcomes and environmental hazards like wildfire detection and flood monitoring.
2.
Global Environmental Market Infrastructure Solutions (GEMIS): A holistic technological framework driven by policy advancements designed to manage environmentally aligned projects adhering to the Paris Agreement.
3.
Independent Third-Party ITMO Registration and Settlement: These processes will employ a digital platform supported by a U.S. custodian bank based in Chicago, ensuring secure and transparent transactions.
4.
Sovereign Data and Payment Solutions: This will connect Aleria’s sovereign data capabilities with Tawasal's vast user base, aided by technological support from Gnosis and Noxxo, which will streamline payment processes.
Global Reach and Impact
The collaboration is set to expand not only across the Middle East but will also forge pathways into regions critical for meeting the objectives laid out in the Paris Agreement, including Africa, South America, and Asia. Esteban van Goor, CEO and founder of Xange.com, highlighted that they have identified a long-term portfolio potential exceeding $100 billion in programs centered on forests and nature-based strategies.
About the Companies
- - Xange.com is headquartered in Zurich, Switzerland, specializing in environmental intelligence software and market infrastructure. Their offerings cater to governments and businesses by implementing dMRV systems, market participation solutions aligned with the Paris Agreement, and sustainability reporting.
- - Tawasal is based in Abu Dhabi, UAE, and was founded in 2019 with the mission of creating technologies that enhance user experiences through a comprehensive digital platform integrating communication, lifestyle, and financial services.
- - Aleria, backed by IHC, focuses on AI solutions designed to be sovereign, allowing governments and organizations to operate under defined jurisdictions with complete control over their data and infrastructures. Their focus includes critical sectors such as government, finance, healthcare, and infrastructure.
In conclusion, this partnership stands as a significant step towards establishing a reliable framework for carbon market mechanisms, ultimately contributing to global efforts in mitigating climate change.
For media inquiries, please contact Nicholas Fouriezos at [email protected], phone number +1 470-233-2949.