Matthew Porter

Simply trading carbon credits on the blockchain won’t solve much for the environment. Carbon blockchain executives argue that companies must understand why they’re using them and how to make a real impact. During a panel session in Davos, Switzerland, moderated by Cointelegraph’s editor-in-chief, Kristina Lucrezia Cornèr on Jan. 16, several executives from carbon blockchain platforms spoke about the increasing interest from companies in carbon trading. Karen Zapata, the chief operating officer of carbon blockchain platform ClimateTrade, said that sustainability had been a “trending topic” with many companies keen to get involved, but noted that many still don’t understand it. She recalled talking to a sustainability manager of a “big, big company” who told her he doesn’t know what a carbon...