The Climate Finance Reset: How ReFi Is Rising Amid the Collapse of Centralized Climate Governance
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The global response to the climate crisis is entering a period of transition. For decades, centralized governments and political institutions were viewed as the main drivers of environmental progress. But growing political divisions, economic pressures, and slow policy responses have weakened that leadership.
In this vacuum, a new framework known as Regenerative Finance (ReFi) is starting to take shape. Rather than waiting for governments to act, ReFi applies blockchain technology to design transparent and data-driven systems that directly fund projects with measurable environmental benefits.
While still developing, ReFi represents a shift in how climate action is financed and verified, moving from promises and policies to on-chain proof of impact.
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