C3IP4 - MORI x C3 J-Credit Pilot

Motivation Our Goals: To promote C3's vision of providing the transparent, neutral, and public infrastructure necessary to accelerate climate finance on a global scale, we will begin a pilot for J-Credits in Japan.

Proposal

1. Utilize MORI-NFT’s J-Credit registry account to hold credits during a pilot. A ‘digital twin’ of held credits will be created via C3’s infrastructure. Tests will be conducted related to: 1) retirement on-chain; 2) API communication with MORI-NFT for reflecting retirements in their J-Credit account; 3) auditing of MORI-NFT’s J-Credit account (and exploring automations for this purpose); 4) Pooling and J-Credit pool design.
2. Explore utilizing an SPV for creating a bankruptcy protected custodial entity for J-Credits.
3. Hosting J-Credits on a 3rd party platform, such as KlimaDAO’s Carbonmark, for retirement there.