KLIMA (KLIMA)

KlimaDAO is a decentralized autonomous organization (DAO) designed to bring the innovations, efficiency, transparency, and global reach of cryptocurrency exchanges to the marketplace for carbon credits. These credits price carbon emissions and levy costs on net emitters of greenhouse gases (GHGs) while funding projects that reduce emissions and remove carbon from the atmosphere.

While much of the public dialogue on cryptocurrency and the environment has focused on the adverse climate impacts of proof-of-work mining, KlimaDAO has pioneered and successfully demonstrated a use case for blockchain technology as a key tool in proactively fighting climate change globally. When designing new rules for digital assets, we strongly urge OSTP and other policymakers and regulatory bodies to recognize the positive impact that entities such as KlimaDAO have shown in bringing new participants and efficiencies into the fight to mitigate and reduce carbon emissions. Any new regulatory regime must support, rather than stymies, the ongoing efforts to use innovative blockchain technology and decentralized platforms to combat global warming.