(ISSN:2581-6853; CODEN: GJNRA9; DOI: 10.33002/nr2581.6853) is an international, scientific double blind peer-reviewed open access journal published 3 times a year online by The Grassroots Institute.
Impact Factor: exaly
Open Access—free for readers, with article processing charges (APC) paid by authors or their institutions.
High Visibility: Indexed in Web of Science (Zoological Record, Biosis Previews, Biological Abstracts, Biosis Full Coverage Unique, and CAB Abstracts), EBSCO and other databases.
Time for Processing: Provisional acceptance of the submitted article is given in 1 week time. After consent of author(s), manuscript is peer-reviewed and a first decision provided to authors in 2-4 weeks after submission.
Recognition of Reviewers: The reviewers who provide timely, thorough peer-review reports receive vouchers entitling them to a discount on the APC of their next publication in the journal, in appreciation of the work done. Reviewers also receive Certificate for their voluntary service.
Coordinated and published by The Grassroots Institute, the Grassroots Journal of Natural Resources (GJNR) is an international journal dedicated to the latest advancements in natural resources throughout the world. The goal of this journal is to provide a platform for scientists, social scientists, policy analysts, managers and practitioners (on all academic and professional levels) all over the world to promote, discuss and share various new issues and developments in different arenas of natural resources.
Revolutionizing Carbon Credit and Blockchain Solutions for Sustainability and Climate Stabilization
Kathiravan Sugumaran1, Kiruthika Dhanapal*2, Jeffy Johnson3
1Dr. Ambedkar Law University, Chennai, Tamilnadu, India.
Email: kathiravan@tndalu.ac.in ORCID: https://orcid.org/0009-0005-6462-6285
2Dr. Ambedkar Government Law College, Pudupakkam, Tamilnadu, India.
Email: kiruthikaadv@gmail.com | ORCID: https://orcid.org/0000-0001-7759-1986
3Bengaluru School of Law and Justice, Bengaluru, Karnataka, India.
Email: jeffyjohson2@gmail.com | ORCID: https://orcid.org/0000-0003-1925-7319
*Corresponding author
Grassroots Journal of Natural Resources, 8(2): 567-590. Doi: https://doi.org/10.33002/nr2581.6853.080227
Received: 08 July 2025
Reviewed: 22 July 2025
Provisionally Accepted: 25 July 2025
Revised: 30 July 2025
Finally Accepted: 02 August 2025
Published: 28 August 2025
Climate change presents challenges that reach beyond mere environmental concerns. It is a key reality and needs to be highly sophisticated monitoring and control for carbon emissions. One of the most tantalizing areas is carbon credit markets that use blockchain technology. The traditional carbon credit accounting has been battling for years with the same setbacks: double counting of credits, tracking them across borders was too inefficient, verification took forever to be completely done and there were many fraudulent activities. These core weaknesses weaken the confidence in carbon markets and block advancements of climate action initiatives. This problem is solved by blockchain-based systems by having preserved immutably public ledgers of every transaction that takes place. This assigns each credit a unique identifier which can then be tracked and verified in real-time from issuance to ultimate retirement. This level of transparency minimizes avenues for manipulation while further cementing market integrity. We take a look at some major studies involving Blockchain that can enhance Carbon Credit works, boost acceptability of climate initiatives. It also digs in on case studies where blockchain has been deployed to track carbon credits, showing what sensical application looks like and the real-world benefits. At the same time, it faces huge challenges like energy consumption from blockchain operations, unclear regulation on carbon pricing to limit its adoption globally and integration with committed organizations using today's carbon accounting frameworks and protocols. The results underscore the critical importance of blockchain in ensuring climate accountability and protecting the integrity of carbon markets. This paper identifies key areas of research and development, offering insights into the future of carbon credit tracking and its potential impact on climate change through advanced technology.
Carbon; Blockchain; Environment; Carbon credit; Climate change; Sustainability
Abiodun, T.P., Nwulu, N. and Olukanmi, P. (2024). Application of blockchain technology in carbon
Alzoubi, Y.I. and Mishra, A. (2023). Green blockchain – A move towards sustainability. Journal of
Cleaner Production, 430: 139541. DOI: https://doi.org/10.1016/j.jclepro.2023.139541.
Ambily, K.K. and Ulaganathan, A. (2024). Assessing Ecosystem Level Carbon Loss and Mitigating
Capacity of Rubber (Hevea brasiliensis) Plantations in Hilly Regions in India. Grassroots Journal of Natural Resources, 7(2): 288-300. DOI: https://doi.org/10.33002/nr2581.6853.070215.
Baklaga, L. (2024). Synergizing AI and blockchain: Innovations in decentralized carbon markets for
Bari, M. (2023). Carbon Credits Trading Scheme (2023): A greener future. Impact and Policy Research
Institute. Available online at: https://tinyurl.com/22m7exmt [accessed on 5 June 2025].
Basu, P., Deb, P. and Singh, A. (2024). Blockchain and the carbon credit ecosystem: sustainable
management of the supply chain. Journal of Business Strategy, 45(1): 33-40. DOI:
https://doi.org/10.1108/JBS-09-2022-0157.
Boumaiza, A. (2024). A blockchain-centric P2P trading framework incorporating carbon and energy
trades. Energy Strategy Reviews, 54: 101189. DOI: https://doi.org/10.1016/j.esr.2024.101466.
Ducas, E. and Wilner, A. (2024). The security and financial implications of blockchain technologies.
JSTOR, 4 November. Available online at: https://www.jstor.org/stable/26414135 [accessed on 5 June 2025].
Erwin, T. and Yang, B. (2023). Green energy, emissions, and blockchain technology. Cham: Palgrave
Macmillan, pp.29–51. DOI: https://doi.org/10.1007/978-3-031-40647-8_3.
Government of India (2024). Carbon Market. Bureau of Energy Efficiency, 5 November. Available online
at: https://beeindia.gov.in/en/programmes/carbon-market [accessed on 5 June 2025].
Halunko, V., Dolynska, O., Smyrnov, I., Horiunova, K. and Flinta, N. (2024). Political and
Hossain, S.M., Atibudhi, H. and Mishra, S. (2023). Agricultural Vulnerability to Climate Change: A
Critical Review of Evolving Assessment Approaches. Grassroots Journal of Natural Resources, 6(1): 141-165. DOI: https://doi.org/10.33002/nr2581.6853.060107.
Kong, E. (2023). How blockchain technology addresses the double counting of carbon emissions. Climate
Action Data Trust, 29 November. Available online at: https://tinyurl.com/4u6ta7we [accessed on 5 May 2025].
Krishnan, C., Sahdev, S.L. and Paul, G.W. (2024). Blockchain-based traceability solutions for
environmental sustainability. London: Routledge, pp.207–228. DOI:
https://doi.org/10.4324/9781003378341-18.
Li, W., Liu, J. and Rui, J. (2023). Development of the carbon trading market empowered by blockchain
characteristics. Advances in Economics, Management and Political Sciences, 50: 115-121. DOI:
https://doi.org/10.54254/2754-1169/50/20230562.
Lozo, O. and Onishchenko, O. (2021). The Potential Role of the Artificial Intelligence in Combating
Climate Change and Natural Resources Management: Political, Legal and Ethical Challenges. Grassroots Journal of Natural Resources, 4(3): 111-131. DOI: https://doi.org/10.33002/nr2581.6853.040310.
Merlo, A.L.C., Mendonça, D.S., Santos, J., Carvalho, S.T., Guerra, R. and Brandao, D. (2025).
Blockchain for the carbon market: a literature review. Discover Environment, 3(68). DOI:
https://doi.org/10.1007/s44274-025-00260-4.
Mofatteh, M.Y., Davallou, R., Ishimwe, C.N., Divekar, S.S. and Valilai, O.F. (2024). Developing a
blockchain-based supply chain CO₂ footprint tracking framework enabled by IoT. International Journal of Advanced Computer Science and Applications, 15(10). DOI:
https://doi.org/10.14569/ijacsa.2024.0151002.
Mulligan, C., Morsfield, S. and Cheikosman, E. (2024). Blockchain for sustainability: A systematic
literature review for policy impact. Telecommunications Policy, 48(2): 102676. DOI:
https://doi.org/10.1016/j.telpol.2023.102676.
Naderi, N. and Tian, Y. (2022). Leveraging blockchain technology and tokenizing green assets to fill the
green finance gap. Energy Research Letters, 3(3). DOI: https://doi.org/10.46557/001c.33907.
Opalchuk, R., Shepel, A., Dimov, I., Andrushko, R. and Andrushko, M. (2024). Ensuring Sustainable
Development of the Agricultural Sector through Financial Instruments in the Context of Climate Change. Grassroots Journal of Natural Resources, 7(3): s349-s377. DOI:
https://doi.org/10.33002/nr2581.6853.0703ukr18.
Oxford Entry Forum (2022). The Evolution of Carbon Markets and Their Role in Climate Mitigation and
Sustainable Development. The Oxford Institute for Energy Studies, June. Available online at:
https://tinyurl.com/7n2hf97m [accessed on 5 June 2025].
Parhamfar, M., Sadeghkhani, I. and Adeli, A.M. (2024). Towards the net zero carbon future: A review of
Prapulla, S.B., Hamsaveni, R., Himashree, N.R., Madhubala, M., Lavanya, M., Sata, A. and Patra, S.
REJOLUT (n.d.). Blockchain-based carbon credit ecosystem. Available online at:
https://www.rejolut.com [accessed on 15 May 2025].
Richardson, A. and Xu, J. (2020). Carbon trading with blockchain. Cham: Springer,. pp.105–124. DOI:
Samal, P. and Samantaray, S. (2024). Blockchain technology as a tool for mitigating environmental
sustainability in supply chain networks. Springer International Publishing, pp.597–611. DOI:
https://doi.org/10.1007/978-981-99-8628-6_50.
Sipthorpe, A., Brink, S., Leeuwen, T.V. and Staffell, I. (2022). Blockchain solutions for carbon markets
are nearing maturity. One Earth, 5(7): 779–791. DOI: https://doi.org/10.1016/j.oneear.2022.06.004.
Song, Z. and Zhang, G. (2019). Environmental monitoring data storage system based on consortium
blockchains. IEEE Xplore. DOI: https://doi.org/10.1109/ICIIBMS46890.2019.8991539.
The World Bank (2024). Carbon Assets Tracking System. IBRD – IDA, 5 November. Available online at:
https://cats.worldbank.org/ [accessed on 6 May 2025].
Tsai, Y. (2025). Enhancing transparency and fraud detection in carbon credit markets through blockchain-
based visualization techniques. Electronics, 14(1): 157. DOI: https://doi.org/10.3390/electronics14010157.
Vaccargiu, M. and Tonelli, R. (2024). Blockchain projects in environmental sector: Theoretical and
practical analysis. Earth, 5(3): 354–370. DOI: https://doi.org/10.3390/earth5030020.
Yadav, A., Shivani, S., Manda, V.K., Sangwan, V. and Demkiv, А. (2024). Blockchain technology for
ecological and environmental applications. Ecological Questions, 35(4): 1–20. DOI:
https://doi.org/10.12775/eq.2024.050.
Zhang, G., Chen, S.C.I. and Yue, X. (2024). Blockchain technology in carbon trading markets: impacts,
benefits, and challenges—A case study of the Shanghai Environment and Energy Exchange. Energies, 17(13): 3296. DOI: https://doi.org/10.3390/en17133296.
Zhang, G., Chen, S.C-I. and Yue, X. (2024). Blockchain Technology in Carbon Trading Markets.
Energies,17 (3): 3299. DOI: https://doi.org/10.3390/en17133296.
Zhao, Y. and Peng, Y. (2024). Innovation and improvement of carbon emission trading management
model under blockchain technology. IEEE Xplore, 91–95. DOI: https://doi.org/10.1109/icdacai65086.2024.00024.
Zhou, W. (2024) Optimized application and potential impact of blockchain technology in carbon trading.
Finance & Economics, 1(1): 5. DOI: https://doi.org/10.61173/7p5cjg77.
Sugumaran, K, Dhanapal, K. and Johnson, J. (2025). Revolutionizing Carbon Credit and Blockchain Solutions for Sustainability and Climate Stabilization. Grassroots Journal of Natural Resources, 8(2): 567-590. Doi: https://doi.org/10.33002/nr2581.6853.080227
Sugumaran, K, Dhanapal, K., & Johnson, J. (2025). Revolutionizing Carbon Credit and Blockchain Solutions for Sustainability and Climate Stabilization. Grassroots Journal of Natural Resources, 8(2), 567-590. https://doi.org/10.33002/nr2581.6853.080227
Sugumaran K, Dhanapal K., Johnson J. Revolutionizing Carbon Credit and Blockchain Solutions for Sustainability and Climate Stabilization. Grassroots Journal of Natural Resources, 2025, 8 (2),567-590. https://doi.org/10.33002/nr2581.6853.080227
Sugumaran, Kathiravan, Dhanapal, Kiruthika, Johnson, Jeffy. 2025. “Revolutionizing Carbon Credit and Blockchain Solutions for Sustainability and Climate Stabilization”. Grassroots Journal of Natural Resources, 8 no. 2: 567-590. https://doi.org/10.33002/nr2581.6853.080227
Sugumaran, Kathiravan, Kiruthika Dhanapal and Jeffy Johnson. 2025. “Revolutionizing Carbon Credit and Blockchain Solutions for Sustainability and Climate Stabilization”. Grassroots Journal of Natural Resources, 8 (2): 567-590. https://doi.org/10.33002/nr2581.6853.080227
| Internet Archive: | https://archive.org/details/m-00576_202602 |
| WorldCat: | https://search.worldcat.org/title/10965623301 |
© 2025 by the author(s). Licensee Grassroots Journal of Natural Resources. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (http://creativecommons.org/licenses/by/4.0/). We allow to freely share (copy and redistribute the material in any medium or format) and adapt (remix, transform, and build upon the material for any purpose, even commercially) with a legal code: https://creativecommons.org/licenses/by/4.0/legalcode.

Grassroots Journal of Natural Resources by The Grassroots Institute is licensed under a Creative Commons Attribution 4.0 International License. Based on a work at www.grassrootsjournals.org.
* Prof. Dr. Hans-Peter Nachtnebel (Austria)
* Prof. Dr. Sándor Kerekes (Hungary)
* Prof. Dr. Hafiz Muminjanov (Italy/Tajikistan)
* Prof. Dr. Uygun Aksoy (Turkey)
* Prof. Dr. Ahmad Mahdavi (Iran)
* Dr. Walter Fernandez (India)
* Prof. Dr. Ermek Baibagyshov (Kyrgyz Repbulic)
* Prof. Dr. Shaista Shameem (Fiji)
* Justice Mukete Tahle Itoe (Cameroon)
* Dr. Hasrat Arjjumend (Canada)
* Dr. Usongo Patience Abaufei (Cameroon)
* Pramod Ghimire (Nepal)
* Dr. Mar Campins Eritja (Spain)
* Prof. Dr. Dawid Bunikowski (Finland)
* Prof. Dr. Maja Seršić (Croatia)
* Prof. Dr. Ivett M. Buenavista (Mexico)
* Dr. Jason MacLean (Canada)
* Dr. Yuliya Rashchupkina (Canada)
* Dr. Richard leBrasseur (Canada)
* Dr. Srividhya Ragavan (USA)
* Dr. Martin-Joe Ezeudu (Canada)
* Prof. Dr. Bartha Dénes, DSc (Hungary)
* Dr. Kollányi László (Hungary)
* Dr. Krisztián Katona (Hungary)
* Dr. Marcos Frommel (Uruguay/Argentina)
* Dr. Olena Khrushch (Ukraine)
* Dr. Evgeniya Kopitsa (Ukraine)
* Dr. Anastasiia Zymaroieva (Ukraine)
* Dr. Alla Pecheniuk (Ukraine)
* Dr. Olha Volodymyrivna Donets (Ukraine)
* Dr. Buryk Zoriana (Ukraine)
* Prof. Dr. Theresa Akpoghome (Nigeria)
* Prof. Dr. Olena V. Hafurova (Ukraine)
* Dr. Yevhenii Suietnov (Ukraine)
* Prof. Dr. Hanna Anisimova (Ukraine)
* Dr. Portiannyk Serhii (Ukraine)
* Dr. Stellina Jolly (India/South Africa)
* Dr. Marius Warg Næss (Norway)
* Dr. Stefano Duglio (Italy)
* Prof. Dr. Maria-Mihaela Antofie (Romania)
* Prof. habil. Dr. Cristiana Radulescu (Romania)
* Dr. Ioana-Daniela Dulama (Romania)
* Dr. Mihaela Stet (Romania)
* Dr. Radoslaw J. Walkowiak (Poland)
* Dr. Wenresti G. Gallardo (Oman)
* Dr. Omprakash Madguni (India)
* Dr. Y. Vasudeva Rao (India)
* Prof. Dr. Sanjay-Swami (India)
* Prof. Dr. Yiching Song (China)
* Prof. Dr. Md. Sirajul Islam (Bangladesh)
* Prof. Dr. Syed Hafizur Rahman (Bangladesh)
* Prof. Dr. Md. Mujibor Rahman (Bangladesh)
* Dr. Shahidul Islam (Bangladesh)
* Dr. Dragojla Golub (Bosnia & Herzegovina)
* Dr. Vesna Rajčević (Bosnia & Herzegovina)
* Dr. Muhamed Katica (Bosnia & Herzegovina)
* Dr. Grujica Vico (Bosnia & Herzegovina)
* Dr. Vesna Tunguz (Bosnia & Herzegovina)
* Prof. Dr. Branka Ljevnaić-Mašić (Serbia)
* Dr. Nikola Boskovic (Serbia)
* Prof. Dr. Afrim Selimaj (Kosovo)
* Prof. Dr. Prasanthi Gunawardena (Sri Lanka)
* Dr. Nishan Sakalasooriya (Sri Lanka)
* Dr. T. Mathiventhan (Sri Lanka)
* Dr. Mokbul Morshed Ahmad (Thailand)
* Dr. Juan M. Pulhin (Philippines)
* Prof. Dr. Rose Jane J. Peras (Philippines)
* Dr. Hildie Maria E. Nacorda (Philippines)
* Izr. Prof. Dr. Matej Ogrin (Slovenia)
* Dr. Zornitsa Stoyanova (Bulgaria)
* Dr. Anna Karova (Bulgaria)
* Dr. Ing. K. Berchová Bímová (Czech Republic)
* Prof. Dr. Sampson Umenne (Namibia)
* Dr. M. Surabuddin Mondal (Ethiopia)
* Dr. Firuza Begham Mustafa (Malaysia)
* Prof. Dr. Waleed M.R. Hamza (UAE)
* Dr. Moetaz El Sergany (UAE)
* Dr. Nurzat Totubaeva (Kyrgyz Republic)
* Dr. Eldiiar Duulatov (Kyrgyzstan Republic)
* Dr. Mohinder Slariya (India)
* Dr. Hongfen Zhu (China)
* Dr. Moses Fayiah (Sierra Leone)
* Dr. Kanica Chauhan (India)
* Dr. Najibullah Omerkhil (Afghanistan)
* Dr. Rinata Kazak (Sweden)
Go to Top



