The initiative, 13 years in the making, will allow Delta CleanTech to print and tokenize on the blockchain a carbon credit that can be traded on an exchange. Carbon percentage is to be quantified in a credit – and certified and tokenized as First Nations ESG on the blockchain so it can’t be counterfeited or lost. Then it can be traded as a carbon or ESG credit, the company said.
While still at the concept stage, the goal of the initiative is to reduce the Co2 footprint of industrial production by leveraging the acres owned by First Nations – about 7% of Canada’s total landmass.
The initiative is to be able to create a carbon credit that has been generated on First Nations land, and has a First Nations stamp of authorization. The company is working on its carbon credit initiative directly with Reginald Bellerose, former Chief of Saskatchewan’s Muskowekwan First Nation.
The vision is that First Nations take the lead in…
