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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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.

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.

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