From: Web3 for Climate Research (& Industry Insights) Repository
Related: 💨 Carbon Markets in Web3. VCM Challenges — Twitter Space for #ReFi Carbon Founders
High Quality Articles/Resources
Ecosystem Players
Concerns
- Challenges in the general offset market:
- From Aera Force’s Discord (issues with transparency as a “solution”
Regarding the Amazon Rainforest Preservation:
- Making the Amazon a globally-funded public good could incentivize actors to start damaging other global assets (like the ocean or other rainforests) to demand payments.
- While blockchain technologies help with improved payments and digital contracts, solving the issues still requires governmental funders and effective enforcement.
- Preventing rainforest deforestation alone does not solve climate change. These credits are focused on preventing increases in emissions instead of reducing already excessive emissions. Governments and web3 carbon credit companies must keep IPCC targets in mind so this work does not distract from other decarbonization efforts.
Eclectic Notes