This article has been supplied and will be available for a limited time only on this website. In the nascent era of corporate climate action, carbon mitigation was more tangible and distinctly analogue, as businesses aiming to neutralise emissions would fund projects that planted trees.
However, as intensifying global climate pressures demand greater corporate accountability, this traditional forestation model is no longer enough. Forestation projects take decades to mature, are difficult to audit in real-time, and are increasingly vulnerable to wildfires and poor oversight.
As the world increasingly explores innovative options beyond analogue carbon offsetting, a new phase in carbon avoidance is emerging in the form of digitally traceable, tokenised carbon credits.
This tech-led advancement leverages real-time data through application programme interfaces (APIs) and blockchain technology to transform how businesses mitigate their environmental impact.
From Tree to Digital Ledger
