How will Chia's carbon credits work?

As the Fund's carbon credits are tokenized, they will be tracked by the World Bank's Climate Warehouse, which was launched on Chia's public blockchain, as the foundational architecture to build market trust by enhancing transparency and securing the integrity of global carbon trading.

What is the carbon Opportunities Fund?

The International Finance Corporation, Cultivo, Aspiration, and Chia Network, announced the launch of the Carbon Opportunities Fund, a global investment platform that will raise private capital for an innovative model to source, tokenize and sell high-quality, verified carbon credits.

What is the International Finance Corporation's $10 million fund for carbon credits?

The International Finance Corporation is teaming up with a handful of startups on a $10 million fund for investing in carbon credits and selling them back on a blockchain. Why it matters: Treating carbon credits akin to traditional financial assets could bolster the nascent carbon market.

Who is investing in blockchain-based carbon credits?

Also involved are sustainability finance company Aspiration and biodiversity investor Cultivo, and the fund will provide blockchain-based carbon credits purchased from projects chosen by those two companies.