The Rise of Carbon Tokenization: Transforming ESG into Finance

Richard Sandor, a pioneer in carbon trading and founder of the Chicago Climate Exchange, envisions a future where carbon credits transcend their current role as regulatory tools. He argues that carbon will evolve into a digital asset class with its own financial identity. This transformation, driven by tokenization, standardization, and new market infrastructure, could see carbon become integrated within global finance in much the same way as traditional commodities or financial products.