Tokenize Climate Actions Before Carbon Assets

Underlying Asset: from Carbon Cabin to Types of Carbon Assets

CarbonCabin is an innovative urban street/community-level infrastructure that embodies the integration of digital technology and environmental management by utilizing IoT and blockchain technologies. This urban infrastructure aims to connect global voluntary carbon markets, encouraging and incentivizing urban residents to participate in waste recycling activities, thus making significant progress in sustainable urban waste management and the circular economy. Additionally, it seeks to quantify greenhouse gas reduction behaviors implemented by businesses and individuals, providing a simple, transparent, and fair way to incentivize both groups to cooperate with government-led waste recycling and greenhouse gas reduction efforts. This is in response to the growing demand for companies to fulfill their Environmental, Social, and Governance (ESG) responsibilities.

Figure 1: Recent appearance of the “CarbonCabin”

Figure 2: China’s then Special Envoy for Climate Change, Xie Zhenhua, jointly launched the “Digital Eco-Civilization International Climate Action Initiative” with CarbonCabin and the Secretariat of the UN Framework Convention on Climate Change (UNFCCC).

Global potential for household waste recycling

CarbonCabin leverages the fairness, transparency, stability, immutability, and strong liquidity of the Bitcoin blockchain, enabling the business model of CarbonCabin to gain extensive support from social capital. By 2030, approximately 9,000 CarbonCabins will be established worldwide. Local governments and large enterprises will act as direct investors, while small and medium-sized enterprises (SMEs) and individuals will become indirect investors through Bitcoin Runes on the blockchain.

All entities obligated to fulfill ESG requirements may ultimately become the final canceling (retiring) parties of Bitcoin Runes on this blockchain, including organizations such as Chengdu Tobacco Bureau, Dehong Tobacco Bureau, Manner Coffee, Qiantan Taikoo, and LIVAT Culture.