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.
Disclaimer: The information provided in this blog post pertaining to KlimaDAO (“KlimaDAO”), its crypto-assets, business assets, strategy, and operations, is for general informational purposes only and is not a formal offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction and its content is not prescribed by securities laws. Information contained in this blog post should not be relied upon as advice to buy or sell or hold such securities or as an offer to sell such securities. This blog post does not take into account nor does it provide any tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person. KlimaDAO and its agents, advisors, directors, officers, employees and shareholders make no representation or warranties, expressed or implied, as to the accuracy of such information and KlimaDAO expressly disclaims any and all liability that may be based on such information or errors or omissions thereof. KlimaDAO reserves the right to amend or replace the information contained herein, in part or entirely, at any time, and undertakes no obligation to provide the recipient with access to the amended information or to notify the recipient thereof. The information contained in this blog post supersedes any prior blog post or conversation concerning the same, similar or related information. Any information, representations or statements not contained herein shall not be relied upon for any purpose. Neither KlimaDAO nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this blog post by you or any of your representatives or for omissions from the information in this blog post. Additionally, KlimaDAO undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed in this blog post.