Recommendations for the Digital Voluntary and Regulated Carbon Markets B

20.500.12592/5nw4g4

Recommendations for the Digital Voluntary and Regulated Carbon Markets B

7 Mar 2023

Recommendations for the Digital Voluntary and Regulated Carbon Markets 2 March 2023 Recommendations for the Digital Voluntary and Regulated Carbon Markets Introduction In order to meet the Paris Agreement’s goal of limiting growing demand for effective and high-quality the global temperature increase to below 1.5°C, it carbon credits, there is a renewed enthusiasm is necessary not only to reduce c. [...] There is also an analysis of the for developing a next-generation carbon market potential for specific applications of DLT to facilitate infrastructure that powers a more efficient and coordination of global and diverse stakeholders, transparent environment for project developers, and the activities required to see large-scale climate local populations and buyers alike. [...] governance processes ensures equitable decision- Good governance of carbon markets requires making and distribution of benefits, enhances tenets of transparency and rigour of data, the credibility and viability of carbon projects and meaningful inclusivity and diversity in participation, minimizes the negative consequences of design as well as flexibility and scalability of processes. [...] reduces the number of intermediaries needed in Recommendations for the Digital Voluntary and Regulated Carbon Markets 6 the marketplace, thus removing opportunities for Access to a schema in an open format allows for extractive fees and delivering a higher percentage more inclusive and transparent decision-making of revenue to suppliers, project developers and land from all sectors, resulting in m. [...] The Blockchain Law for Social Good Center was conceived and launched by Professor Michele Neitz in February 2022 to address a gap in awareness of and education about existing and innovative social impact projects happening in the blockchain space that would be of interest and importance to the public as well as legislators and policy-makers.
Pages
12
Published in
Switzerland