Introduction to the Carbon Offsetting fund, its purpose, and governance process.
Check out the “The Great Celo Halvening – Proposed Tokenomics in the Era of Celo L2”.

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What is the Carbon Offsetting Fund?

The Carbon Offsetting Fund represents Celo’s commitment to environmental sustainability by making the platform’s infrastructure carbon-negative. The fund automatically transfers resources every epoch to partner organizations that use these assets for verified carbon offsetting projects.

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How the Carbon Offsetting Fund Receives Assets

  • Epoch rewards: the Carbon Offsetting Fund receives 0.1% of epoch rewards, adjustable via governance and distributed automatically at each epoch.
  • Transaction fees: the Carbon Offsetting Fund receives 10% of transaction fees, adjustable via governance.