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Fungibility contracts for Networked Climate Markets

Prompt NM3: Design a smart contract that can allow interoperability between digital assets of climate mitigations so that they may operate in different international markets
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Discord channel: https://discord.gg/8eSHhnH
This prompt is unclaimed, but you can review the documentation that inspired its post and create a prompt around it

Background reading

The following documents describe the use of model of how smart contract can be used to allow fungibility (i.e. direct 'trade-ability') between climate assets that are fundamentally heterogeneous based on where they where generated, their market jurisdiction and with what methodology.
SSRN-id2948580.pdf
342KB
PDF
Macinante - A conceptual model for networking of carbon markets on distributed ledger technology architecture
SSRN-id2997099.pdf
641KB
PDF
Jackson et al. Networked Carbon MarketsL Permissionless Innovation with Distributed Ledgers
124402-WP-PUBLIC.pdf
2MB
PDF
WBG - Blockchain and Emerging Digital Technologies for Enhangin Post-2020 Climate Markets

Task

  • Review the above documents, and create a prompt that proposed a structure for these smart contracts
  • Research and summarize the differing methodologies for verification standards, jurisdictions and the breadth of heterogeneity.
  • Brainstorm and propose an approach to ranking the differing methodologies and codifying them into smart contracts or appropriate conversion rates for price, quality and veracity.
  • Follow prompt hosting guidelines here.