Carbon Exchange

Test Result
End Result

Inspiration

Climate Change is the greatest risk facing all of us.

Around the world storms, floods and wildfires are intensifying. Air pollution sadly affects the health of tens of millions of people and unpredictable weather causes untold damage to homes and livelihoods too. But while the impacts of climate change are devastating, advances in tackling it are leading to cleaner air, creating good jobs, restoring nature and at the same time unleashing economic growth. climate change has gone from being a fringe issue to a global priority. And it is no longer responsibility of select countries or corporates but the responsibility of all.

A better way for individuals to participate in the process is to buy personal carbon offsets and support projects engaged in emission reduction activities

What it does

Carbon Exchange is a marketplace for issuing, trading and retiring personal carbon credits/offsets. It allows

Emission Reduction Projects to apply for carbon credits and sell the carbon credits to retail in whole or fractional form
Certifier to issue the carbon credits to emission reduction projects
Retail Individuals to select the high-quality carbon offset and buy whole or fractional of the same.

How we built it

Carbon Exchange is built using DAML code and tested in the sandbox

Challenges we ran into

Since DAML is a new language, the learning curve was steep. But with the help of DAML 101 and explainer videos, I was able to implement the requirements.