The global climate crisis catalyzed the spread of environmental awareness across the world. Some of the efforts made to protect our natural resources have been centered around putting a price on these limited resources. The carbon credit system was developed to reduce greenhouse gas emissions. The success of this system relies on the effectiveness of …
Commodifying natural resources: A review of water-based credits Read More »
In the DAO IPCI parachain, 1000 tons of CO2 were marketed and tokenized, creating a carbon offset gateway for the Polkadot ecosystem. The first 1000 tons of carbon offsets certified by Cercarbono standard were provided by ALLCOT to Robonomics via Evercity platform. This, using DAO IPCI Kusama Chain Candidate 1 (CC1). The transaction was enabled …
Press release | Carbon tokenization starts on Polkadot Read More »
Carbon offsets can be used to meet Paris Agreement goals or voluntary targets. However, it depends on host country policies. Bearing in mind that the work of elaborating the Paris Agreement is already completed, after nations signed off on the high-level rules regarding carbon markets at the COP26 meeting in Glasgow, we can now look …
