Carbon trading markets, like most commodity markets, are plagued with lack of transparency and due to the high costs of being qualified as an entrant to the markets, many projects that would otherwise be able to make their own impact on reducing carbon emissions are prevented from playing a role.
Carbon trading markets currently exist only in the EU (now EU and UK Emissions Trading System, respectively) and the US, with only the promised Climate Impact X from a joint task force by centralised institutions in Singapore, meaning that the threat of a carbon monopoly looms as promising offset projects in South-East Asia are overlooked.
Carb0n.fi is excited to be playing a key role in the evolution of carbon offsetting by enabling transparent and decentralised carbon trading, where organisations and individuals have an equal opportunity to participate in environmental rescue. Through a range of differently sized projects, users in our ecosystem can be incentivised with tangible returns while reducing their carbon footprint via our solution, which aims to balance yield and efficiency.
We aim to build a win-win solution for maintaining our collective responsibility towards reversing the climate catastrophe over the long-term based on this technological spine. People and organisations are known to act in their own self-interest, and we believe that there is a mutually inclusive bridge between intrinsic behaviour and saving the climate. As our ecosystem grows, our real-world transition will be effected through integration with EU, UK, US and other centralised exchanges to create opportunities for our users to benefit from carbon arbitrage.
Ultimately, we want to offer robust, scalable Carbon Credit NFTs (cNFT) which individuals and companies can purchase transparently and easily.