Based on interviews with market participants and our own research, Chakravorti, Cook, DeAlto and Rioux make several recommendations to improve transparency, efficiency, and trust in VCMs. Today, corporates are facing increasing pressure to make net-zero commitments whereby their residual greenhouse gas (GHG) emissions are completely offset. By purchasing offsets in...
In this working paper, Chakravorti, Cook, DeAlto, and Rioux discuss how to scale voluntary carbon markets to enable us to meet our climate goals. Today, corporates are facing increasing pressure to make net-zero commitments whereby their residual greenhouse gas (GHG) emissions are completely offset. By purchasing offsets in voluntary carbon...
In this working paper, Bachman, Chakravorti, Rane, and Thyagarajan propose an incentive mechanism to remove CO2 from the atmosphere using direct air carbon capture and storage technology using distributed ledger technology.
In this PLoS ONE article, Allen, Carbo, Chakravorti, Rodriguez, and Ardic use random forest estimation to identify 14 key predictors out of 190 variables with the largest predictive power for MSMR adoption and usage of digital payments. Using conditional inference trees, we study the importance of sequencing and interactions of...
Chakravorti gave the dinner keynote at FinanceCom 2022 at the University of Twente in Enschede, The Netherlands. His talk was titled, The Impact of FinTech and Big Tech Firms on the Way We Pay.
The adoption of electronic payments and their frequent use is thought of as a first step for broader financial use for traditionally unbanked individuals and merchants. The purpose of this report is to analyze the design, implementation, and efficacy of many incentives implemented by different types of stakeholders around the...
Bob presented preliminary findings from a forthcoming World Bank working paper to the DFS & Tax Working Group at the International Centre for Tax and Development.