The challenge

We need to move fast to decarbonise, the latest IPCC report on climate change states we must reduce our emissions by 43% in less than 8 years to stop the most dangerous effects of climate change.

How Many Gigatons of CO2…? — Information is BeautifulInformation is Beautiful

Check out this great infographic on the impacts of each temperature increase.

The current Voluntary Carbon Market (VCM) has been identified as an essential part of a carbon-neutral future by the IPCC (The Intergovernmental Panel on Climate Change), we need to reduce the amount of carbon we emit and remove existing carbon from the atmosphere.

The power of the markets

The demand in the VCM has and is growing, most analysts predict a seismic growth over the coming decades. However, the market has been plagued with inefficiencies, opacity and controversy, seeding doubt and preventing these solutions from reaching the critical mass to act quickly and prevent the worst impacts of climate change.

There are 3 major problems that need solving:

1) Speed

Carbon projects move slowly. The time from project inception to credit issuance can take years; killing many projects before they can even get started and robbing those in need of vital income.

To find out more on the Carbon Markets, check out our Basics here.

2) Complexity

There is no easy way for the general public to profit from the upside of carbon markets.

Carbon markets are complex and, in most cases, completely inaccessible to the general public. Information on the costs, fees, quality etc. are all hidden behind a login or an email, creating a confusing and bad user experience, as well as making price discovery on new carbon assets slow and inaccurate.

3) Broken Trust

Traditional carbon markets are opaque and controlled by middlemen, markups of 25-80% are common for brokers and resellers, turning many customers away and slowing the widespread adoption of carbon credits. Greenpeace recently uncovered almost 250 projects where brokers resold credits for three times their price.

The opportunity

Whilst there has been much press and debate on whether Blockchain is the friend or foe of the environment, most experts and now even governments believe this is the best use and opportunity to solve many of the current problems with how Carbon is tracked, traded and projects developed.

"Advances in digital and distributed ledger technology have led to dramatic growth in markets for digital assets, with profound implications for the protection of consumers, investors, and businesses, including climate change." - Technologies for American Innovation and National Security, February 07 2022, The White House.

Blockchain makes all data transparent, meaning people can buy having full sight of the commissions and charges, what the project makes and what the reseller makes. Because CLNK will sell on multiple markets places, people can make choices based on what they believe is the fair price. This forces everyone to be more competitive driving prices down and increasing profits for the carbon projects themselves.

With CLNK's Native Carbon credits, produced directly on-chain, this makes credits available faster and allows projects to pre-sell, letting anyone invest in green projects and benefit from the lower costs and participate in the growth whilst supporting the planet.

The solution

We believe the greatest public good is our environment, CLNK makes sustainability accessible, fair and transparent to all.

CLNK intends to become the world's first Web3 green finance market maker, project developer, exchange and marketplace for Native Trustless Carbon Credits.

Solving three big issues

The issues plaguing carbon markets are complex but are worth solving.

CLNK's product solves the major issues described in the challenge.

Instant

Native carbon credits are created directly on-chain using trusted execution environments, according to prescribed methodologies and verified by trusted agencies such as Bureau Veritas. These credits will be traceable, data-backed and auditable by anyone.

Open

Customers will have complete access to on-chain carbon markets, able to compare details and purchase credits with a single credit card transaction. Newly created credits will be immediately compatible with the biggest market players, C3 and Klima DAO, allowing anyone to interact with the blossoming 'ReFi' ecosystem.

Transparent

CLNK provides Smart contracts as a Service to green projects of any size: All processes are transparent, auditable and visible to all, with no middlemen. Smart contracts will govern the distribution of income between project owners and tokenholders.

Scalable

Projects working with CLNK have the potential to speed up project development, offer people greater access to credits, and remove the high cost of entry for project developers.

The basics

Follow our handy guides to get started on the basics as quickly as possible:

What is a carbon credit?Why are carbon credits used?

Understand the basics? So you already know the basics, then you can deep dive into how CLNK plans to disrupt.

Fundamentals: Dive a little deeper

Learn the fundamentals of CLNK to get a deeper understanding of our main features:

What is CLNK building?Digital MRVBlockchain-native carbon credits

Disclaimer:

The information provided in these pages pertaining to CLNK (“Clink”), its crypto-assets, business assets, strategy, and operations, is for general informational purposes only and is not a formal offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction and its content is not prescribed by securities laws. Information contained in this blog post should not be relied upon as advice to buy or sell or hold such securities or as an offer to sell such securities. This blog post does not consider, nor does it provide any tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person. CLNK and its agents, advisors, directors, officers, employees, and shareholders make no representation or warranties, expressed or implied, as to the accuracy of such information and CLNK expressly disclaims all liability that may be based on such information or errors or omissions thereof. CLNK reserves the right to amend or replace the information contained herein, in part or entirely, at any time, and undertakes no obligation to provide the recipient with access to the amended information or to notify the recipient thereof. The information contained in this blog post supersedes any prior blog post or conversation concerning the same, similar, or related information. Any information, representations or statements not contained herein shall not be relied upon for any purpose. Neither CLNK nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this blog post by you or any of your representatives or for omissions from the information in this blog post. Additionally, CLNK undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed in this blog post.