Cross carbon market and Web3 to achieve renewable transformation

The fact proved that , In dealing with climate change ,Web3 Mechanism is a strong competitor for developing carbon market .

Web3 And the carbon market may not be the intersection of most people's bets . According to a recent report , Each transaction consumes more than 1,173 Kilowatt hours of electricity —— This can be “ Electricity for a typical American home for six weeks ”. In proof of energy intensive work such as , The rise of equity certificates has swept the whole industry ; This year, , Carbon offsets are also used on a large scale , Because people in this field are realizing the importance of making systems more environmentally friendly .

Climate action requires blockchain

Blockchain itself has many ways to support climate action , Mainly because it is decentralized , So it fosters greater transparency .

In terms of carbon offset , Blockchain enhances the transparency of these offsets 、 traceability 、 Programmability and tradability .Regen Network Has been in the process of adopting Web3 Introducing the cutting edge of natural climate solutions . from 2017 Year begins , They have been at the forefront of this space , Build an ecological regeneration platform ; From then on , Countless people wake up and secretly Web3 The door to the carbon market . today , On a global scale , Whether it's Web3 Whether the project is internal or external , People are echoing Regen Network A story that has been told for years . The world is waking up . This space is growing —— And very fast . There is not much time left on earth , If we're going to 2030 Achieve the sustainable development goals by , This market may push us to these results . But we need to adopt a common agreement for these real-world influences 、 Mechanism and narrative , To effectively turn things in the right direction .

Official website ：https://www.regen.network/

The vision of a healthy planet

Regen Network Our mission is to become a global accounting system for ecological health and climate Finance ; therefore , Blockchain is immutable 、 Publicly verifiable and decentralized facts are very beneficial to its core purpose . They decided to use blockchains in specific areas , Instead of building on the existing blockchain （ Like Ethereum ） above . They want their community to control the entire software stack .

Ecocredit The module was recently introduced Regen Ledger 2.0 The first module available under . This module allows the management of various ecosystem services , Including carbon credits , And cast these credits through the batch distribution process .

today , The overall carbon market, including many renewable energy credits, is 2200 Billion dollars .Regen Network CEO and co-founder of Gregory Landua Express , To be sure , In the next ten years , We will experience a sharp jump to 2 Trillions of dollars （ be based on World Economic Forum 2017 A study published in ） Separate natural climate solutions ; If you consider renewable energy , It will be more important .

Web3 The key to mastering the foundation of sustainable development

Web3 Represents an innovative economic concept 、 How the Internet should be built and how individuals should participate in this value creation . It opens the door to open source agreements collectively owned by cryptoeconomics . One of the details that makes blockchain technology so compelling in the field of renewable energy is that there is no “ Double bottom ” The opportunity of . Carbon credits cannot be used or calculated repeatedly , This is common in the traditional centralized carbon market .

Regen It's No 0 Layer protocol , Very strong and valuable for emerging carbon markets . As a solution to the world's biggest problem , utilize Web3 And the tools and mechanisms owned by the blockchain to change the face of the climate .Regen Network Think , Natural capital assets （ Ecological assets ） It will be 21 The most critical form of capital asset class in the 21st century .“ It can be crazy to say that in cryptocurrency , But it turns out , It's not crazy to say that in the rest of the world .” （ Gregory · Landua ）

Carbon market leader

The structural arrangements in the voluntary carbon market are designed to promote financing , To reduce greenhouse gas emissions . This market has been creating new ways to deal with climate change . Look at the big players in the market now ,KlimaDAO Stand out from the crowd . Their launch is “ A huge turning point in the interaction between cryptocurrency and carbon ”（Gregory）. Their treasury is supported only by carbon credits , Reach... In a week 10 Market value of US $100 million . This is not a trivial matter . Besides , The price of voluntary carbon market has risen 25%, Part of the reason is right KlimaDAO The need to create carbon assets . And they're not the only one to fork ecological assets and carbon into their coffers .

Celo Promise to 40% Collateral for ecological credit , For example, carbon tons . They are also studying the protection of tokens .Regen Network Also with the Celo Partnership established .Maker DAO Has been going through a governance process , Bring renewable energy credits and carbon into its Treasury .BasinDAO It's a way to reduce and remove carbon 、 Restore and protect nature 、 A global effort to improve human health and wealth DAO.

To meet the needs of emerging markets , Need high-quality carbon credit and solutions .Regen Of CarbonPlus Credit is voluntary carbon credit , Help eliminate carbon and restore natural grassland ecosystems . To 2050 year , It is possible to isolate only by managing grazing 16.4–26 Carbon dioxide equivalent (Gt).Regen Registry It's a platform , People can get paid for renewable rangeland management systems . Animal husbandry alone accounts for... Of the world's land area 25%. Behind such a wide coverage , Perhaps these farmers have a greater responsibility to regenerate and ensure that the degradation of the earth does not fall on their shoulders —— contrary , They are at the forefront of the fight against rapidly deteriorating ecological health .

What support currency ？

When we see the encryption market booming , More currencies are listed than ever before , No wonder the factors driving these currencies forward are beginning to be questioned . When people in this field begin to realize the impact on the climate , Having a currency supported by ecological credit in some way has not only become a big step in the right direction , And has become a necessity .

When considering factors such as support for currencies , The answer lies in computing power . It is believed that the process of competition between miners for the next block will create value storage and diversion capacity . But according to Landua That's what I'm saying , These are not good enough .“ They have to evolve .” This is how to start getting people to innovate by asking questions , for example “ How do you support money by creating more public goods or eliminating or eliminating negative externalities ？” Gregory forecast , Every stable currency or currency that wants to be competitive will receive a certain proportion of support in the form of ecological credit . This is not just driven by market forces , It is also driven by global demand . This is what we must do as a civilization .Regen Network be deeply convinced , We must build a better future for future generations —— today .

Regen Network The community is huge , Including from the blockchain community 、 Members of the ecological service community 、 The climate change community and the scientific community .

Earlier this year ,Gregory Landua In Lisbon Cosmoverse Delivered a thought-provoking speech , He stressed the importance of the carbon market in the development of the world's ecological health .

This article is translated from ：https://medium.com/regen-network/intersecting-carbon-markets-and-web3-for-regenerative-change-5a3a24108503