The International Finance Corporation is launching the Carbon Opportunities Fund, aimed at raising private capital to develop technologies that will “identify, monitor, evaluate and natively tokenize verified carbon credits.” (The Logic)

Talking point: The fund comes as major institutional investors position themselves in the emerging carbon-offset market, likely to become a central tool in companies’ efforts to cut emissions and reach net-zero targets. Offset markets like the EU Emissions Trading System have operated for years, but investors and platforms are now looking at how to better standardize emissions credits and ensure transparency, often by using blockchain technology. According to the IFC, any of the fund’s credits that are tokenized will be tracked on the World Bank’s Climate Warehouse, a system that runs on Chia Network’s public blockchain.