Panelists from The International Tech Summit 2022 on Institutional Climate & Sustainability discuss carbon removal, natural capital, renewable energy certificates and different types of carbon credits within the web3 climate-conscious ecosystem. Moderator Katherine Foster probes the question of how this ecosystem came to be and panelists agree that carbon is a perfect use case for smart contracts and blockchain-based technology because there is the physical infrastructure asset and commodity that comes out of it. This adoption is also driven by integrative technology, geographic information systems, satellite imagery and other types of measurements that ensure the verification and credibility of progress.
