The Climate-Economy Interface for Carbon Price Automation & Investments

Smart Contract can provide innovative automated approaches to the mobilization of capital for financing climate action, for example from voluntary or compliant carbon pricing. However, this ideally requires linking the climate state with economic costs and benefits calculations so that mathematical models acts as the ‘oracles’ that determine key variable for smart contracts to execute. Consider the role of Integrated Assessment Models and propose the architecture for how these would integrate into a carbon pricing mechanism. Read full details here.

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