What is KlimaDAO [OLD]?

KlimaDAO is focused on developing a transparent and neutral Digital Carbon Market to enhance climate finance globally. Founded in 2021 by contributors from three different organizations, it aims to address inefficiencies in the traditional Voluntary Carbon Market. As of 2022, KlimaDAO facilitated over $4 billion in carbon credit trades and amassed treasury assets exceeding $100 million. The platform has garnered a community of over 100,000 KLIMA token holders.

The project provides infrastructure for various platforms, including Carbonmark, which enables users to buy, trade, and retire carbon credits. Among its notable collaborations are partnerships with organizations like Polygon and Circle. In March 2023, Carbonmark was launched, enhancing access to carbon credits for institutional users and facilitating carbon offsetting initiatives.