The $130T Climate Finance gap needed to implement Paris Agreement through 2050 will not be addressed by historical Financial Institution based stock and bond issuance and investment alone. It will require a bridging of existing financial mechanisms with what is called Web3, the financial mechanism that has created $2.5T in new value over the last 4 years.
The financial componentry of Web3, otherwise called Decentralized Finance (DeFi), now including Regenerative Finance (ReFi), is the pavement by which we can build a financial highway to NetZero by 2050. No other financial means will deliver these results. One most promising bridge to map the existing financial infrastructure to Paris goals is the Parisii™ Web3 platform, and more specifically a patent-pending DeFi / ReFi instrumentation known as the PARYS™ Protocol.
PARYS™ is the world's first and only stable carbon synthetic that can act as a stablecoin for settlement and wealth preservation. PARYS™ price pegs 1:1 with the EURO, and fully asset backs with EU-ETS Carbon Allowances (EUAs), which have delivered 28.27% APY returns over the past decade. PARYS™ is backed by EUAs (government issued certificates) from an $850B annual trading market with over $200M in daily liquidity, and can be redeemed in crypto, EUAs, or EUROs as needed. Due to the new MiCA legalization of crypto in the European Union (EU), PARYS™ is the world’s first totally legal stablecoin under the EU regulatory framework. PARYS™ is currently the only fully regulated financial mechanism in Web3 that plans to quantify, track and assist in real-world facilitation of this $130T global investment expected over the next 26 years to implement the Paris Agreement in achieving NetZero.