Trading carbon credit tokens on the blockchain

被引:2
|
作者
Swinkels, Laurens [1 ,2 ]
机构
[1] Erasmus Univ, Rotterdam, Netherlands
[2] Robeco Inst Asset Management, Robeco, Netherlands
关键词
Blockchain; Carbon credits; Cryptocurrency; Finance; Investing; MARKET;
D O I
10.1016/j.iref.2024.01.012
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Innovative financial services may help to reduce global carbon emissions. We examine the activity in trading of voluntary carbon credits on a new blockchain-based exchange, which reduces the amount of intermediation in this market. Over the years 2021 and 2022, about 3.8 million tCO2e tokens have been tokenized on the carbon token exchange, of which about 2.8 million tCO2e tokens have been burned, leaving 1.0 million tCO2 tokens available for purchase on the exchange. Over these two years, the total secondary market trading turnover has been $ 21.2 million. Trading liquidity is limited to only a few types of carbon credit tokens. The prices of these most liquid tokens move in line with prices of similar carbon projects available for purchase elsewhere.
引用
收藏
页码:720 / 733
页数:14
相关论文
共 50 条
  • [21] Application of Blockchain Technology in Carbon Trading Market: A Systematic Review
    Abiodun, Timileyin P.
    Nwulu, Nnamdi I.
    Olukanmi, Peter O.
    IEEE ACCESS, 2025, 13 : 5446 - 5470
  • [22] Social Implications of Carbon Credit Trading-A Case Study
    Arya, Satyendra
    Garg, Ajay K.
    Mudgal, Rakesh K.
    EMERGING CHALLENGES IN BUSINESS, OPTIMIZATION, TECHNOLOGY, AND INDUSTRY, 2018, : 145 - 151
  • [23] Indonesia's President Launches Carbon Emissions Credit Trading
    Sulaiman, Stefanno
    ASIAN JOURNAL OF WATER ENVIRONMENT AND POLLUTION, 2023, 20 (05) : 102 - 102
  • [24] Kickstarting blockchain: designing blockchain-based tokens for equity crowdfunding
    Guggenberger T.
    Schellinger B.
    von Wachter V.
    Urbach N.
    Electronic Commerce Research, 2024, 24 (01) : 239 - 273
  • [25] A comprehensive hierarchical blockchain system for carbon emission trading utilizing blockchain of things and smart contract
    Al Sadawi, Alia
    Madani, Batool
    Saboor, Sara
    Ndiaye, Malick
    Abu-Lebdeh, Ghassan
    TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE, 2021, 173
  • [26] The influencing factors of carbon trading companies applying blockchain technology: evidence from eight carbon trading pilots in China
    Tangyang Jiang
    Juncai Song
    Yang Yu
    Environmental Science and Pollution Research, 2022, 29 : 28624 - 28636
  • [27] The influencing factors of carbon trading companies applying blockchain technology: evidence from eight carbon trading pilots in China
    Jiang, Tangyang
    Song, Juncai
    Yu, Yang
    ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH, 2022, 29 (19) : 28624 - 28636
  • [28] Crowdfunding Non-fungible Tokens on the Blockchain
    Basu, Sean
    Basu, Kimaya
    Austin, Thomas H.
    SILICON VALLEY CYBERSECURITY CONFERENCE, SVCC 2021, 2022, 1536 : 109 - 125
  • [29] Two-Stage Credit Management for Peer-to-Peer Electricity Trading in Consortium Blockchain
    Zhou, Kaile
    Guo, Jinhuan
    Zhou, Jiong
    IEEE TRANSACTIONS ON INDUSTRIAL INFORMATICS, 2024, 20 (03) : 3868 - 3879
  • [30] Towards a Blockchain Architecture for Cultural Heritage Tokens
    Anagnostakis, Aristidis G.
    TRANSDISCIPLINARY MULTISPECTRAL MODELING AND COOPERATION FOR THE PRESERVATION OF CULTURAL HERITAGE, PT I, 2019, 961 : 541 - 551