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KlimaDAO

KlimaDAO

KlimaDAO is a decentralized autonomous organization that uses blockchain technology to create a transparent and efficient market for carbon credits, aiming to scale up climate finance. It offers a protocol and tools for individuals and organizations to buy, sell, and retire carbon credits, governed by its native token, $KLIMA.
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Description

KlimaDAO addresses the coordination failure that has held back the global scale-up of climate finance by facilitating public goods and common-pool resources to drive environmental markets forwards. Spearheaded by KlimaDAO, its blockchain-enabled technology enables transparent and efficient climate markets, with over $4 billion total transaction volume to date. Governed by the $KLIMA token, KlimaDAO's infrastructure is the neutral base layer for the environmental commodities markets of the future. Its treasury and open-source software are common resources available to builders and climate market participants. Over 100,000 ecosystem stakeholders use the $KLIMA token to steward KlimaDAO's resources and build novel climate finance applications. Every $KLIMA token is backed by at least one carbon tonne in the KlimaDAO treasury.