Carbon Markets Generated $100B in 2024, But Transparency Issues Persist
**Carbon markets reached $100 billion in 2024**, funding critical climate projects worldwide. These markets bridge financing gaps for emerging economies, potentially doubling global climate ambition by 2035.
**Real-world impact examples:**
- Indonesia's Katingan Peatland Project: 149,800 hectares restored, 7.5M tons CO2 avoided yearly
- Myanmar mangrove restoration: 15km coastline strengthened, 45K tons CO2 captured annually
- Timor Leste forestry: 100K+ trees planted, 150+ jobs created
**Current market challenges:**
- Opaque trading dominated by over-the-counter transactions
- High intermediary fees reducing project funding
- Fragmented liquidity across siloed infrastructure
**Blockchain solutions** like KlimaDAO aim to address these issues by moving carbon trading onchain, improving transparency, and scaling capital flow to climate projects.