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Blockchain Meets Sustainability: How Carbon Credit Tokenization is Driving Climate Action
A new wave of blockchain-based platforms is tokenizing carbon credits, making it easier for individuals and institutions to invest in real-world climate solutions. Key developments:
Projects like CarbonX and Toucan Protocol are using blockchain to create transparent, verifiable carbon credit markets.
Tokenized credits allow investors to track the environmental impact of their investments (e.g., reforestation, renewable energy projects).
DeFi integration enables yield-generating staking pools for carbon tokens, incentivizing participation.