What is KlimaDAO? KlimaDAO is constructing the infrastructure for a transparent, neutral, and public Digital Carbon Market to accelerate climate finance globally.

In 2022, KlimaDAO traded over $4 billion worth of carbon credit trades while increasing treasury assets to over $100 million.

Who uses KlimaDAO? As the foundational layer infrastructure for the Digital Carbon Market, KlimaDAO powers platforms like Carbonmark, the universal carbon market, and collaborates with organizations such as Polygon, Circle, and the Liechtenstein Bankers Association to assist airlines, automobile companies, banks, Web3 projects, and individuals like Mark Cuban in achieving their sustainability objectives.

A brief history of KlimaDAO KlimaDAO was founded in 2021 by a group of individuals from three competing organizations who had been working to address market failures in the traditional Voluntary Carbon Market. These founding Core contributors aimed to combine their diverse expertise in carbon markets, technology, and business strategy and execution under a single mission to resolve bottlenecks in scaling climate finance globally.

KlimaDAO has since grown to bring together the talents of over 50 contributors and over 100,000 KLIMA token holders.

In 2022, KlimaDAO launched its carbon retirement aggregator, allowing individuals and organizations to offset their carbon footprints with ease. The Polygon Network, as one of its early prominent users, utilized KlimaDAO's infrastructure to retire over 100,000 digital carbon credits and achieve carbon neutrality. Brands such as Instagram, Nike, and Bentley chose to partner with Polygon due to its leadership in sustainability.

In March 2023, Carbonmark was introduced as the go-to platform for acquiring, trading, and retiring digital carbon. Carbonmark offers a seamless 'Web 2.5' user experience, granting institutional access to millions of carbon credits and KlimaDAO's digital carbon infrastructure without additional fees.

Carbonmark collaborates with Circle to enable institutions to securely custody digital carbon credits and easily convert between USD and USDC for purchasing on Carbonmark.

In this way, Carbonmark serves as the gateway to the Digital Carbon Market, providing a barrier-free interface to interact with KlimaDAO's infrastructure and facilitating the flow of climate finance to projects combating climate change.

How does KlimaDAO work? KlimaDAO is the first protocol that facilitates a market for real-world assets (RWA) - carbon credits - using DeFi 2.0 mechanics to maintain protocol-owned liquidity, establishing a scalable and sustainable foundation for the ReFi (regenerative finance) ecosystem.

This allows KlimaDAO to incentivize the migration of over 25 million carbon credits onto the blockchain, with 18 million of them residing in the KlimaDAO treasury. On the blockchain, these digital carbon credits overcome the market failures of traditional carbon markets, benefiting from transparency, liquidity, and seamless integration with an application layer that encompasses both Web2 and Web3 applications.

KlimaDAO issues the KLIMA token, which enables users to source and retire tokenized carbon credits, influence the KlimaDAO protocol's governance, mitigate ecosystem inflation, build applications, and benefit from KlimaDAO's protocol-owned liquidity.