Introduction One of the most fundamental principles of carbon programs is Additionality. All carbon standards develop methodologies for projects that demonstrate additionality. But what does it really mean? A carbon project is additional only if the emissions reductions or removals would not have occurred without revenue from the sale of carbon credits. The efforts resulting …
Additionality and Transparency in Carbon Markets Read More »
Plastic credits, what are they exactly? Did you know that the first piece of plastic ever produced in 1862 and all of the plastic produced since then still exists on our planet? Let that sink in for a moment. The problem of plastic pollution is getting more and more concerning with the formation of a …
The world is trying to meet the 2050 deadline of achieving net-carbon neutrality set by the UN roadmap. Therefore, the carbon credit marketplace offers unrivaled potential for cooperation on a larger scale to tackle climate change. In 2021, worldwide carbon growth rose by 164% and reached an industrial value of $851 billion. The governments and …
Frequently, debates on the best approach to tackle climate change and reduce the amount of GHG emissions in the atmosphere are overwhelming. According to the Intergovernmental Panel on Climate Change (IPCC) summary for policymakers report in April 2022, carbon removal projects are essential in balancing the unavoidable emissions to achieve a net zero emission. Does …
The lovers and haters of carbon avoidance credits Read More »
What are carbon credits? Carbon credits are one of the three proposals that were included in the Kyoto Protocol. Their main goal is the reduction of emissions causing global warming. They were presented by Graciela Chichilnisky, an Argentine mathematical economist, in 1993. Carbon credits is a generic term for any tradable certificate that represents a …
What do you need to know before buying carbon 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 »
