Opportunities

TITAN and SOUTH KOREAN PARTNERS lined up to become major players in the Asia Carbon Marketplace.

Compliance carbon markets (“CCM”) were created for companies and entities (typically oil and gas refineries, mining and steel production companies, transportation industry, etc.) to meet mandatory national or regional emission targets set by their respective governments.  Compliance carbon markets are regulated by national compliance programs called cap-and-trade schemes or Emission Trading Systems (“ETS”).  South Korea was the first among East Asian countries to implement such a nationwide emissions trading scheme (KETS), covering 74% of its national GHG emissions and 684 emitters in the power, industrial, buildings, waste, transport, and domestic aviation sectors.1

Voluntary carbon markets are, by nature, voluntary.  They exist alongside compliance markets to allow companies to purchase carbon credits – 1 unit being one ton of carbon dioxide or equivalent GHG removed from the atmosphere – on a voluntary basis to offset or reduce their carbon footprints.  VCM grew from just USD 300 million in 2018 to USD 1 billion as of March 2022. According to an October 2021 report by McKinsey & Company, the market value is projected to reach USD 180 billion by 2030.

Course of Action

1st – Create corporation in Korea to handle all above operations

2nd – Obtain offset credit issued & certified by NGO of UN

3rd – Convert Offset credit through Korean government agency to trade in VCM

4th – IPO execution in KOSDAQ within 4 years

This is not an invitation to invest, but is merely to demonstrate the kinds of activities the company is involved in.