KyotoProtocol.io
Search
⌃K

Scaling the Voluntary Carbon Market

KYOTO has built a climate technology solution to scale the VCM

The Voluntary Carbon Market (VCM) allows individuals, companies, and governments to invest in carbon offset projects to balance out their carbon emissions. However, scaling this market to meet the growing demand for climate solutions presents challenges such as verification, liquidity, double-counting, and transparency. As an immutable, transparent, and decentralized ledger system, blockchain technology has the potential to address these challenges and foster growth in the VCM.
Kyoto has built a complete supply chain solution to address these issues, using climate technology to improve transparency and efficiency while reducing costs. Our Infrastructure-as-a-Service (IaaS) solution is optimally positioned to take advantage of the future growth of the VCM.
The VCM has experienced significant growth over the past years, both in terms of volume and value. This growth signals the readiness of companies to tackle the climate change crisis by investing in climate solutions.
The Taskforce on Scaling Voluntary Carbon Markets (TSVCM) estimates that demand for carbon credits could increase by a factor of 15 or more by 2030 and by a factor of up to 100 by 2050. Overall, the market for carbon credits could be worth $50 billion by the end of 2030 and $250 billion by 2050.
Given this predicted demand and growth potential, it is apparent that the world will require a VCM that is large, transparent, verifiable, and environmentally robust, as opposed to today’s market, which is fragmented and complex. This will also create demand for high-quality reporting and monitoring tools as well as highly liquid, transparent exchanges for the VCM.
Kyoto is the first and only Layer One blockchain built specifically to scale the VCM. Our solution is data-driven, evidence-based and provides a high integrity, digital carbon asset that allows corporates to offset with complete confidence whilst addressing all of the scaling issues facing the voluntary market.
​