3 Comments

"Credits are issued by independent carbon standards such as Verra, that set the rules and requirements carbon projects need to follow". This part is so important.

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Man, this is really a fascinating vision with an incredible upside potential not only in terms of capital formation and trading efficiency, but with huge repercussions to properly incentivize the restoration and protection of ecosystems and their biodiversity, which are really the core of the carbon market. Being able to trade and use those carbon credits in NFT form across a set of highly reputable and highly liquid DeFi protocols and blockchains opens up so many possibilities for e.g. the communities directly involved in protection of major ecosystems such as the Amazonian forest, which could have access to a basic income. I'm really thinking about people like in my country, Colombia, who take care of major nature reserves because those are intrinsic part of their culture and lives, but receive nothing in exchange from corrupt corporations and the government. There are really so many middlemen messing thing around, and driving us to extinction ...

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Man, this is really a fascinating vision with an incredible upside potential not only in terms of capital formation and trading efficiency, but with huge repercussions to properly incentivize the restoration and protection of ecosystems and their biodiversity, which are really the core of the carbon market. Being able to trade and use those carbon credits in NFT form across a set of highly reputable and highly liquid DeFi protocols and blockchains opens up so many possibilities for e.g. the communities directly involved in protection of major ecosystems such as the Amazonian forest, which could have access to a basic income. I'm really thinking about people like in my country, Colombia, who take care of major nature reserves because those are intrinsic part of their culture and lives, but receive nothing in exchange from corrupt corporations and the government. There are really so many middlemen messing thing around, and driving us to extinction ...

Expand full comment