Knowledge Note

"The technical guide of the third and final simulation of the Climate Warehouse platform technology."

The third phase of the Climate Warehouse prototype development, which builds on the lessons learned and findings from Simulation II, aimed to test the Climate Warehouse on an opensource, interoperable, and permissionless public blockchain platform, and develop a minimum viable product to operationalize the Climate Warehouse consistent with the recommendations from the 6-month consultation on the governance and financing model of the Climate Warehouse that was completed in February 2022. The consultation was co-convened by the International Emissions Trading Association, the Government of Singapore, and the World Bank.