Homegrown blockchain co Polygon commits to go carbon neutral this year – Forbes India

On Tuesday, April 12, the Polygon network announced its intention to become carbon-neutral and climate positive this year.

Formerly known as Matic, Polygon is an Ethereum-based software platform that enables developers to build scalable and user-friendly decentralised applications at cheap transaction fees while maintaining network security.

But climate change enters the stage as a powerful non-human actor that threatens to exacerbate all the existing injustices and introduce new ones.

And this is exactly why Polygon has decided to go carbon-neutral.

Polygon intends to use KlimaDAO data to calculate and offset the company’s carbon emissions and will purchase $400,000 in carbon credits through the decentralised autonomous organisation.

“Through our sustainability commitment and community-driven efforts, we can successfully address societal shifts, avoid the worst impacts of climate change, and meet the sustainable development goals set out by the United Nations,” Nailwal said.

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