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Nature Based Offset

Nature Based Offset NBO 

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General Info

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Description

Nature Based Offset is one of the tokens used in C3's carbonomics

Additional Data

Total Supply

NBO 35,145

What is Nature Based Offset?

C3's permissionless bridge allows users to bring their carbon credits into Web3. The Carbon Bridge allows players in the VCM to give their carbon credits a presence on the blockchain and immediately integrate with the emerging ReFi ecosystem. The bridge is permissionless (anyone use it) and is designed with ease-of-use in mind to ensure that all who wish to participate, can. The bridge is automated and API-enabled which removes human error and the need for complex processes to be followed. Through C3's trusted partners, those who do not have a Registry Account can quickly and easily access carbon credits to be used for bridging. 

The tokenised carbon credits created by the bridge have a number of advantages over the existing Registry based system, including full transparency, programmability, fractionalization, and composability with the emerging ReFi ecosystem.

Natured Based Offset (NBO), is an Nature-based offset index accepting all VCS and GS methodologies characterized as NCS, including REDD+, IFM, and those with VCS or GS certification utilizing CDM-based forestry methodologies such as AR-AM0014. Vintage of 2014 onwards.

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