New Cambridge-built Decentralized Carbon Credit Marketplace will Support Reforestation …

During the top there was a lot of agreement about what should be agreed about, and lot of plans and pledges were made, about carbon emissions, reduced use of coal, funding for sustainabily, but the list of actual agreements was deplorably low.

And now, with a set date to aim for, pressure is mounting from governments and the public to rapidly roll out a global programme of well-executed nature-based solutions to sequester several gigatons of carbon each year and protect biodiversity.

The Centre will build its decentralised marketplace on the Tezos blockchain because it operates sustainably, in line with the Centre’s vision to support a sustainable future through technology.

“Current accreditation systems that measure and report the value of carbon and related benefits like biodiversity conservation and poverty reduction rendered by NbS are costly, slow and inaccurate,” said Centre Director Dr Anil Madhavapeddy.

The Centre will support 12 PhD students and postdoctoral fellows, and investment to prototype a scalable, trusted NbS marketplace.

…Read the full story