Build Efficient Carbon Markets
Increase the quality, accessibility, integrity, transparency, and impact of carbon markets with Chia’s Climate Wallet initiative.
Realizing The Paris Agreement
The Paris Agreement ‘s Article 6 aims to limit global warming to 1.5°C through global cooperation to slow the momentum of the Climate Crisis, yet the carbon market lacks the necessary tech infrastructure to foster sustainable global adoption.
WHAT THAT MEANS
Can the right technology address these challenges?
The market relies on various disconnected registries that hinder communication and data transfers between parties.
Addressing market challenges of project provenance, double counting, and poor transparency starts with infrastructure for an open and interconnected economy.
The market issues range from carbon credit quality and provenance to tedious buy-side discovery.
How We Solved It
The transparency and equitable access offered by blockchain technology improved the carbon market’s value and sustainability.
Empower necessary innovation to create applications and solutions built on an open ecosystem.
Secure the integrity of data shared between parties on a tamper-proof and easy-to-audit repository.
Enable streamlined asset discovery, trading, and controlled custody of tokenized assets, without third-party intermediaries.
Delivering a High-Quality Carbon Market Instrument
The New Standard for Tokenized Carbon Offsets
The Carbon Opportunities Fund establishes criteria through innovative technologies for deploying capital to the Voluntary Carbon Markets.
Leveraging Cultivo’s data-driven selection process to select high-quality nature-based projects, carbon credits are tokenized and tracked on the Chia blockchain by the Climate Action Data Trust (CADT), enhancing the transparency and securing the integrity of carbon trading while contributing to the global effort to mitigate climate change.
Building a Standardized Infrastructure
Transforming the World’s Carbon Markets with IFC
The Climate Action Data Trust (CADT) is a decentralized metadata platform that harmonizes all major carbon registry data to enhance transparent accounting in line with Article 6 of the Paris Agreement and brings transparency and efficiency to carbon accounting using Chia’s Layer-1 blockchain technology and DataLayer application.
A Uniform Trust Management System
Our DataLayerTM technology securely and effectively manages the confidentiality of your organization’s data across consortium networks and databases.
chia climate wallet
Driving Market Efficiency & Transparency
Access Carbon Offsets & Transact Digital Assets
The Chia Climate Wallet enables the tokenization of carbon assets by the leading registries to allow for peer-to-peer asset transactions. Wallet owners hold complete control over the assets, their transfer, and retirement – without dependency on any external party.
The Essential Technology for Carbon Markets and Beyond
Chia is a foundational open-source technology designed for real-world utility, solving for today’s siloed, manual-intensive, and inefficient centralized data infrastructures.
Chia’s Business White Paper
Read our comprehensive Business White Paper discussing our origins, vision, and strategy for delivering value to organizations, institutions, and enterprises.
Press and Media
World Bank’s IFC taps blockchain for carbon credits
Crypto, but for the climate
Why data infrastructure is key for a transparent carbon market
Explore Chia For
Your Next Climate Initiative
Talk to our experts and learn more