The Carbon Reserve manages a portfolio of carbon mitigation assets and is responsible for the supply and mitigation value of the toco it issues.

Diversification reduces mitigation risk by spreading assets across geographies, sectors, methodologies, and carbon crediting bodies, stabilising toco’s underlying value.

The Foundation performs an assessment of mitigation risk of all assets it holds in its portfolio. It applies, based on its assessment, a risk discount to the claimed reduction value of carbon mitigation assets to arrive at the mitigation value.

The Foundation dynamically adjusts asset allocations based on market conditions, safeguarding the stable, long-term mitigation value of each toco at one tonne CO₂e.

Each toco represents one tonne of CO₂e mitigation achieved. Buy, hold, sell or retire tocos to easily achieve mitigation goals.

Backed by a diversified portfolio of carbon mitigation assets, toco offers a low-cost, liquid and fungible way to participate in the voluntary carbon market.

Toco can be used by individuals and businesses as a currency backed by verified carbon mitigation — turning climate action into everyday value.