Carbon Credits

Carbon Credits

Finance

WeWork Founder's Climate Firm Refunds Crypto Token Holders After Failed Launch: Forbes

Flowcarbon, which raised $70 million from investors like Andreessen Horowitz, aims to tokenize carbon credits, but the token never launched.

The climate venture from WeWork's Adam Neumann didn't pan out. (Michael Kovac/Getty Images for WeWork)

Finance

A Crypto Carbon Credits Exchange Is Created in Germany

Neutral and DLT Finance are betting on regulation as the pathway to institutional investor adoption.

Oil refinery belching clouds of smoke into the air

Finance

IFC-Backed Carbon Opportunities Fund Uses Chia Network to Settle Tokenized Carbon Credits

Investment company Sumitomo Corporation of Americas purchased a batch of tokenized carbon offsets from the Carbon Opportunities Fund.

Carbon credits (Nature Design/Pixabay)

Markets

Asset Manager One River Files for Carbon-Neutral Bitcoin ETF in US

The ETF would buy and dispose of blockchain-based carbon credit tokens to account for the emissions associated with its bitcoin holdings.

Power plant

Finance

Blockchain Coalition Launches Tradable Carbon Credit Token

The UPCO2 token represents a certified measure of carbon dioxide and can be traded, held or burned to offset an individual’s carbon footprint.

carbon

Finance

Climate Startup Nori Raises $4M to Solve Carbon Market Double-Spending

Nori has been funded to build a blockchain-based market for carbon credits that will start by paying farmers to remove CO2 from the atmosphere.

Morzine, France

Finance

Carbon Credits Have a Double-Spend Problem. This Microsoft-Backed Project Is Trying to Fix It

The Microsoft-backed IWA sustainability group is building a tokenization standard that aims to bring transparency to carbon accounting.

(Nicolai Dürbaum/Unsplash)

Markets

IBM Is Helping Build a Carbon Credit Blockchain Token

IBM is collaborating with environmental technology firm Veridium Labs to launch a token with the goal of shaking up the carbon credits industry.

ibm