Ethereum
$142.27 4.37%
ETH · 2w

Climate Futures launching blockchain-based system to super-charge climate finance markets

Climate Futures, an environmental project developer and portfolio manager, specializing in reducing carbon emissions that cause climate change. announced today the upcoming launch of the 1PLANET Marketplace, a ready-to-use blockchain system, and DApp powered by the 1PLANET (1PL) token. 1PLANET enables individuals and businesses to take action against climate change by granting easy and transparent access to carbon markets.

Carbon markets are used to finance sustainability projects around the world and last year were estimated to be worth $214 billion, a 34% growth from 2018. Various programs over the past decade have created a global patchwork of carbon credit markets that are now looking to unify under the UN Paris Agreement that started in 2020, which could catalyze climate investments of $1 trillion a year by 2025. Carbon credits are a proven and globally recognized solution for pricing and reducing carbon emissions, but historically have been only traded and used by governments and large corporations.

1PLANET

In a real-world example of how to use blockchain technology for good, 1PLANET democratizes access to global carbon markets by tokenizing carbon credits, the digital eco-commodity that represents reductions in CO2 emissions. Demand for carbon reductions and carbon credits has been increasing as climate impacts have progressively worsened and populations are demanding swift action. 1PLANET users can support climate solutions through the platform by finding more sustainable businesses to shop from and having access to a more transparent and verifiable carbon offsetting service.

“Most people now understand that climate change is an existential threat. Despite this knowledge, most people are left with the question of ‘what can I really do about climate change?’ It’s great that corporations like Amazon and Microsoft are now committing to reduce their carbon emissions, but what about the rest of us? How can ...
Continue on cryptoninjas.net
Recent news
ETH +4.37% · publish0x.de · 5h

Hodling is bad for you. Here's why.

Earn Crypto for Publishing AND for Reading or Watching quality stuff! Publish0x is a Crypto agnostic platform where both authors and readers earn in Crypto.