Carbon credits entering SDGx’s Carbon Asset Monetization marketplace are registered on the blockchain, thus eliminating current carbon market inefficiencies, including double counting, double printing, double spending, and emerging double retirement.
Carbon credits can remain as a credit, or be transferred into a digital Internationally Transferred Mitigation Outcomes unit, allowing the transfer of carbon credits between countries and marketplaces globally.
“SDGx’s platform delivers market infrastructure with transparency, trust, accountability, efficiency and global price normalization, which is exactly what countries and large private sector players need for global carbon offset markets to reach the scale and volume required to mitigate climate change.