Is There Parallels Between Impact Markets and Carbon Markets?

I think one of the thesis we have is just like the development of infrastructure and tooling. By lowering the transaction costs at each stage, it actually enables us to open up these new markets for impact investing. Even with such a straightforward equation present in the carbon offset market, there has been such a wide variance in the types of solutions that are available. There's high quality offsets, there's lower quality offsets. And so even quantifying such a simple type of impact that should be so easily quantifiable has been tremendously challenging in the carbon markets.

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