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.