The Regenerative Finance – ReFi – movement emerged early in 2022 and has since grown from a largely conceptual existence to infrastructural maturity, primed for increased access and adoption in 2023. It is fitting that ReFi has been named by Forbes as one of the top five Web3 trends for 2023, as we believe that over the next year the space will mature further and form the bedrock of a new Digital Carbon Market (DCM), with KlimaDAO at its center.
KlimaDAO launched on October 18th, 2021, and significant progress has since been made within the DCM. Over 25 million carbon credits – representing 2.52% of all Verra-issued credits – have been brought onto the blockchain using the KlimaDAO treasury’s bonding mechanism. The resulting liquidity pools, and KlimaDAO’s offsetting infrastructure, have been increasingly adopted, bringing the total retired tonnage in the DCM to over 500,000 tCO2e.
KlimaDAO has now published Introduction to the Digital Carbon Market – a report that seeks to shine light on the opportunity to scale the Voluntary Carbon Market for the benefit of our planet. The report aims to help readers get oriented within the Digital Carbon Market ecosystem, and once oriented, be able to confidently navigate the DCM, leveraging the open-access tools that have been built by KlimaDAO.
The report also looks to the future, sharing insights on the transparent, neutral, and public infrastructure needed to supercharge the growth of the DCM and transform the carbon markets overall.
KlimaDAO will be starting off 2023 with a focus on accelerating the throughput of the DCM. In this vein we invite you to join our ON SET Webinar series, kicking off at 16:00 UTC on February 7th, 2023, where KlimaDAO contributors will expound on the key components found in Introduction to the Digital Carbon Market, walking through case studies and DCM product functionality with attendees.
And stay tuned – the fast-evolving Digital Carbon Market will make a leap forward with a new product launch into the KlimaDAO ecosystem in Q1 2023.
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