IFC, a member of the World Bank Group, supports the establishment of a blockchain-based carbon offset platform

[World Bank Group member IFC supports the establishment of a blockchain-based carbon offset platform] Jinse Finance reported that the International Finance Corporation (IFC), a member of the World Bank Group, is working with the blockchain platform Chia Network to establish a "Carbon Opportunity Fund." Also participating are sustainability finance firm Aspiration and biodiversity investor Cultivo, and the fund will offer blockchain-based carbon credits to buy from projects.

Carbon offsets are a means for companies to offset their emissions by buying credits, funding tree planting or renewable energy projects. (CoinDesk)

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