Business model definition: key components and strategic steps for developing a carbon credit marketplace

Abstract

This thesis explores the development of a marketplace for voluntary carbon credits, addressing market challenges and complexities. It underscores the importance of fostering sustainable cor porate practices and advancing the voluntary carbon market. The study employs a mixed-meth ods approach, combining market analysis, interviews, and financial modeling. Findings reveal market dynamics, corporate pain points in credit procurement, and market inefficiencies. The proposed business model, developed in collaboration with Celfocus, offers a unique solution with blockchain technology, enhancing trust and efficiency. Findings are valuable for the de velopment of a marketplace in the offsetting sphere, aiding stakeholders in navigating the evolv ing landscape