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Department of Computer Science and Technology

 

The new Cambridge Centre for Carbon Credits (4C) – jointly based here and in the Conservation Research Institute – brings together computer scientists and conservation scientists to build a trusted marketplace for carbon credits and support global reforestation efforts.

It has two primary goals: to support students and researchers in the relevant areas of computer science, environmental science, and economics; and to create a decentralised marketplace where purchasers of carbon credits can confidently and directly fund trusted nature-based projects.

The Global Challenge

The world is facing simultaneous biodiversity and climate crises. Pressure is mounting from governments and the general public to rapidly roll out a global programme of well-executed nature-based solutions to sequester several giga-tons of carbon each year and protect biodiversity.

Over 100 world leaders at COP26 pledged to end deforestation by 2030. The urgent challenge is figuring out how to verify that deforestation solutions are working, and tracking the associated carbon credits used to offset necessary emissions.

The Approach

The Cambridge Centre for Carbon Credits (4C) is creating a trusted decentralized marketplace where purchasers of carbon credits can confidently and directly fund trusted nature-based projects that ties together corporate funders to conservationists via automated and transparent global oracles.
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4C also supports students and faculty members conducting foundational research in the relevant areas of computer science, environmental science, and economics.
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