Carbon markets remain stubbornly fragmented, illiquid, and opaque despite being designed to harness decentralised exchange. The missing ingredient is network capital — self-reinforcing value from dense webs of participant trust and information flow. Focuses on standards, interoperability, and connective tissue.
Download PDF All Pricing, Risk & ValuationCarbon Finance Lab (2026). Network Capital: A Framework for Carbon Markets. Carbon Finance Lab. https://carbonfinancelab.com/network-capital/
@misc{network_capital_2026,
author = {Carbon Finance Lab},
title = {Network Capital: A Framework for Carbon Markets},
year = {2026},
publisher = {Carbon Finance Lab},
howpublished = {\url{https://carbonfinancelab.com/network-capital/}}
}