🌱 UN Launches Carbon Credit Marketplace on Blockchain
In March 2025, the United Nations Environment Programme (UNEP) announced the launch of a decentralized carbon credit marketplace, built on the Celo blockchain, to support global climate goals.
♻️ The platform allows verified projects — like reforestation, clean water, and renewable energy — to tokenize their carbon offsets as NFTs. Individuals and companies can buy, trade, or retire these credits transparently.
📉 Smart contracts automate issuance and tracking, eliminating fraud and double-counting — a major issue in traditional carbon markets.
🌍 The system supports small-scale environmental projects in Africa, Asia, and Latin America, opening up global funding channels without intermediaries.
💡 Experts believe blockchain can help fight climate change by bringing credibility, liquidity, and access to carbon finance.
