Less than 18% of all that we produce and consume is currently being recycled, despite the potential for recycling more than 90% of these materials. In addition to ending waste, transitioning to a circular economy can deliver 85% of the carbon emissions reductions needed to stay below the 2ºC limit.

Carrot Fndn built a protocol enabling tracking of waste (mass ID) a conversion into carbon credits tokens, sold to companies, with the proceeds being distributed via smart contract to all participants contributing to the objective of a more circular economy.