Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

iTechGuides is reader-supported. When you buy through links on our site, we may earn an affiliate commission. As an Amazon Associate I earn from qualifying purchases. Learn more

ClimateCoin’s website describes a digital carbon-credit ecosystem, but the available evidence does not independently establish that it is the world’s first carbon-neutral cryptocurrency—or that it is currently carbon neutral. Its claims about token-to-credit equivalence and offset certificates should be treated as descriptions from the project, not proof that a specific credit has been issued or retired.

What is ClimateCoin?

ClimateCoin’s official website calls a ClimateCoin a digital carbon credit and states that one token corresponds to one tonne of CO2. It describes three intended uses: holding the token as an investment asset, withdrawing it for an emissions-offsetting certificate, or using it in climate-finance applications. These are the operator’s descriptions; they do not, by themselves, establish credit ownership, redemption, retirement, or investment performance.

How does ClimateCoin say its ecosystem works?

The website presents ClimateCoin as part of a broader “Green Climate DAO” ecosystem. In the project’s description, ClimaT is a governance token, CO2 Fund supports Sustainable Development Goal projects, Climate Crowd is a crowdlending platform, and D-MRV provides digital monitoring, reporting, verification, and registry infrastructure. The site also says some transaction proceeds go to project developers and that clean-energy users can earn ClimateCoins. These are stated designs and use cases, not independent confirmation that each feature is operating now.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Is ClimateCoin backed by carbon credits?

ClimateCoin’s website describes the token as equivalent to one tonne of CO2, and a 2022 company press release said the asset would be backed by carbon credits. That does not establish that a particular token currently corresponds to a specific credit held in a registry. To verify backing, a reader would need to find the underlying project and credit type, the applicable standard and verifier, registry identifiers, and evidence of the token’s redemption terms.

#1 Best Overall
Server Book with Calculator, Expandable Server Books for Waitress, Waiter Waitress Book, Restaurant Waitstaff Organizer, Waitress Book with Money Pocket and Zipper, Fit Server Apron, Bartender (Black)
  • CALCULATOR INTEGRATED: Elevate your serving experience with our server book, featuring a built-in calculator designed to streamline bill splitting, tip calculation, discount handling, and even aid in budgeting and financial planning. Simplify your tasks and boost productivity with every table service.
  • PERFECT SIZE: Our server book, measuring 5.5" x 9", is crafted to effortlessly slip into your apron pocket while accommodating standard guest checks with ease.
  • EFFICIENT ORGANIZATION & SWIFT ACCESS: Featuring versatile compartments and a secure zipper pocket, this server book offers smart storage for a range of items, from cash and business cards to credit cards, receipts, coins, tickets, guest checks, pens, and more. In essence, it's designed to cater to all your work-related needs, ensuring easy access and tidy organization.
  • DURABLE & ECO-FRIENDLY ELEGANCE: Our server book is crafted from resilient PU leather, known for its strength, tear resistance, and environmental friendliness. The high-quality material and sturdy stitching ensure longevity, while the waterproof feature simplifies cleaning. Easily wipe down with warm water or a non-chlorine sanitizer solution to maintain a clean and polished server book, free from dirt, grime, or beverage residues.

The sources available do not establish current credit holdings, an active redemption process, or completed credit retirements. A stated one-token-to-one-tonne equivalence is not the same as evidence that a tonne has been independently issued, matched to a token, or retired on behalf of a buyer.

How would ClimateCoin offset CO2?

The project describes withdrawing a ClimateCoin for an offsetting certificate. For that route to demonstrate an offset, the certificate would need to identify the relevant credit and provide a traceable record of retirement so the same credit cannot be claimed by someone else. The website’s description alone does not verify that this process is currently available or that a specific credit has been retired.

Rank #2
8 Digit Silver and Black Ultra Thin Solar Power Calculator with Touch Screen Credit Card Design Portable Mini Calculator for Business School Basic Office
  • Compact Design: Ultra-thin credit card size calculator with a sleek silver and black color scheme.
  • Solar Powered: Eco-friendly solar panel allows for portable operation without batteries.
  • Touch Screen: Advanced touch screen interface for easy and precise input.
  • Versatile: Suitable for business, school, and basic office calculations.
  • Lightweight: Weighs only

Is ClimateCoin carbon neutral?

ClimateCoin has made carbon-neutrality and carbon-credit-backed claims, but the sources reviewed do not independently substantiate current neutrality. The phrase can refer to different things: a cryptocurrency network’s emissions, the issuer’s organizational footprint, or an offset product purchased by a user. A useful claim should say which is meant and show the emissions boundary, accounting method, credits used, and retirement evidence. The available project descriptions do not resolve those details for current ClimateCoin activity.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

Was ClimateCoin the world’s first carbon-neutral cryptocurrency?

That superlative is not independently established by the available evidence. ClimateTrade’s own company history says it presented ClimateCoin in 2017 and rebranded as ClimateTrade in 2018, later launching a blockchain-enabled carbon-offset marketplace. This retrospective provides context for the relationship, but it does not prove that ClimateCoin was first or that it was carbon neutral.

A 2022 ClimateCoin press release described the asset as regulated, planned to run on Algorand, and said it would be backed by high-quality carbon credits. It also discussed a governance-token soft launch and a later ClimateCoin launch. Those are statements and plans made at that time, not proof of present availability or current backing. The project’s whitepaper search result refers to earlier beta testing and a planned migration to Ethereum during Q3 2024; it does not establish that the migration was completed, that a token contract is active, or that the product is trading now.

Best Value
2Pcs 8 Digit Silver and Black Ultra Thin Solar Power Calculator with Touch Screen Credit Card Design Portable Mini Calculator for Business School Basic Office
  • DUAL PACK: Set of 2 ultra-thin calculators in black and silver finishes, perfect for everyday calculations at work, school, or home
  • SOLAR POWERED: Energy-efficient solar panel eliminates the need for battery replacement while providing reliable operation in well-lit conditions
  • TOUCH SCREEN: Features responsive 8-digit display with touch-sensitive buttons for smooth, comfortable operation
  • COMPACT DESIGN: Credit card sized dimensions make these calculators incredibly portable and easy to store in wallets or card holders
  • VERSATILE USE: Ideal for basic calculations in business settings, classroom activities, and general office tasks
Rank #4
1Pc 8 Digit Silver and Black Ultra Thin Solar Power Calculator with Touch Screen Credit Card Design Portable for Business School Basic Office Calculators,Mini Calculator
  • Ultra-Thin Design: This calculator features a sleek, credit card-sized design, making it ultra-portable and convenient for on-the-go use.
  • Solar Power: Powered by solar energy, eliminating the need for batteries and promoting eco-friendliness.
  • Touch Screen: The intuitive touch screen interface provides a smooth and responsive user experience.
  • 8-Digit Display: With an 8-digit display, this calculator can handle complex calculations with ease.
  • Versatile Functionality: Suitable for business, school, or basic office calculations, this mini calculator is a versatile tool.

What should you verify before relying on a ClimateCoin claim?

  • Credit identity: Which project and credit type underlie the token?
  • Independent assurance: Which standard and third-party verifier apply, and what exactly did they verify?
  • Registry evidence: Is there a registry entry and unique credit identifier, with retirement status visible?
  • Redemption terms: How does a token holder obtain a certificate, and does that transaction retire a specific credit?
  • Technical status: Which blockchain and contract are currently in use, and can their status be independently checked?
  • Commercial terms: What fees, liquidity, and transfer restrictions apply?
  • Meaning of neutrality: Does the claim concern the network, the issuer, or a user’s offset purchase?

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.