The vision for a carbon marketplace
In their ambition to be part of a zero-carbon world, this global energy distributor wants to shake up the voluntary carbon offset market. Traditionally, a slow, cumbersome and untrusted process, they want to scale this product by adapting a more trusted, collaborative approach to carbon credit sales.
The idea is to create an open, purely digital, low-friction marketplace. On the offer side of the market it becomes easier to create, validate and sell carbon certificates. On the demand side, there is increased liquidity, market making and standards to govern a more efficient procurement process.
What did the NVM platform make possible?
- Tokenize Carbon Offset Certificates into NFTs
- Launch a simple P2P marketplace for buying and selling voluntary carbon credits
- Onboard one of the world’s largest companies into the crypto space