SZNS

Verra Opens the Door to Engage Blockchain Climate Initiatives

Retrieved on: 
Wednesday, December 22, 2021

The move by Verra opens the door to tokenizing officially sanctioned units and heralds a new day for close collaboration between the traditional carbon market space and the decentralized climate finance community.

Key Points: 
  • The move by Verra opens the door to tokenizing officially sanctioned units and heralds a new day for close collaboration between the traditional carbon market space and the decentralized climate finance community.
  • Joseph Pallant, founder of Blockchain for Climate Foundation , stated, "We've seen the carbon market develop excellent carbon offset standards, protocols, and projects over more than 20 years.
  • This year's exponential growth of innovative blockchain and climate projects was made possible by the committed effortsof early pioneers.
  • Core working group members include Regen Network, Klima DAO, Toucan, SZNS, FungyProof, F2Pool/Stakefish, Blockchain for Climate, and Gitcoin.