Fungibility contracts for Networked Climate Markets
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.
Macinante - A conceptual model for networking of carbon markets on distributed ledger technology architecture
Jackson et al. Networked Carbon MarketsL Permissionless Innovation with Distributed Ledgers
WBG - Blockchain and Emerging Digital Technologies for Enhangin Post-2020 Climate Markets
- 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.