Motivation: Today, the size of the VCM is somewhere between US$1-2b, but is growing fast and projected to surpass $500b by 2050. In Web3, projects producing natural capital assets have exponentially increased in the last few years: FlowCarbon, Moss.earth, and Toucan Protocol’s tokenized carbon assets, or Silvi Protocol’s trees forwards being all examples. This move of environmental assets on-chain is justified by the current inefficiencies in monetizing natural capital, marked by outdated processes and heavy reliance on intermediaries, obstructing liquidity and stifling innovation, leading to the questionable quality of numerous assets in the traditional world.

The Regen Atlas aims to break down these barriers by offering an inclusive, global, and open-source platform where any entity—including individuals, communities, and organizations—can seek support for their environmental initiatives; and/or purchase a wide range of green assets, informed by detailed ratings. The introduction of this application to the Web3 ecosystem, necessitated by the growing number of protocols generating green assets, will establish Web3 as the premier market for purchasing and trading tokenized natural capital.

Currently, the ReFi sectors’ predominant focus on carbon offsets has marginalized the funding for other critical environmental assets. The Regen Atlas expands its scope to support a variety of green assets, including biodiversity, water purification, and regenerative agriculture, alongside innovative financial instruments like futures/forwards contracts, bonds, or nature-backed currencies. In this sense, the app is meant to be a viable aggregation layer for the increasing number and diversity of green crypto-assets available in Web3. This feature is particularly beneficial for the community as it attracts a wide range of environmental projects and investors interested in ReFi—even more so as the transition to access Ethereum's larger user base and liquidity pools is on the horizon. 

Moreover, the proposal aims to aggregate Ratings Providers for the green assets listed on the Regen Atlas, adding a layer of transparency and trust to the deriving assets on Web3.
